Qatar Airways has announced on the second day of the Farnborough airshow that it will acquire a 10% stake in LATAM airlines group. The airline will invest $618 million in the Latin carrier, according to Qatar chief executive His Excellency Akbar Al Bakar. He further said this investment is further proof of the airline’s commitment to oneWorld. LATAM is the …
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In its biggest expansion since its launch 15 years ago, the oneworld alliance sat the joining of TAM Airlines and US Airways on March 31. Its a double whammy, since both the airlines were leading members of the Star alliance till the switched over. US Airways’ regional affiliates, operating as US Airways Express, also transitioned to oneworld, following US Airways’ …
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According to Airbus’ latest Global Market Forecast (GMF), Latin American airlines will require 2,307 new aircrafts between 2013 and 2032, including 1,794 single-aisle, 475 twin-aisle and 38 very large aircraft (VLA) worth an estimated US$292 billion. Globally, by 2032 some 29,230 new passenger and freighter aircraft valued at nearly US$4.4 trillion will be required to satisfy future robust market demand. …
Read More »By BA Staff CGI of VivaAerobus A320neo with PW GTF and CFM LEAP The VivaAerobus Group has signed a purchase agreement for 52 Airbus A320 Family aircraft, 40 A320neo and 12 A320 classic, representing the biggest Airbus aircraft order by a single airline in Latin American history. VivaAerobus, a Mexican low-cost carrier, will announce the engine selection at a later …
Read More »by Vinay Bhaskara A Dutch Antilles Express ATR 42-300 on the ground at its largest hub – Hato International Airport in Curacao According to several news reports (see here and here), Caribbean low cost carrier Dutch Antilles Express, the second largest airline in the Dutch country of Curacao has suspended operations. Formed in 2005 via the merger of Bonaire Express and …
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