Tag Archives: Sao Paulo

LATAM Airlines Group loses $330 million in the 2Q

LATAM Airlines Group (LAN Airlines and TAM Linhas Aereas) (Santago and Sao Paulo) reported it lost $330 million in the second quarter. The group was created last year with the merger of the two airlines. The group is struggling in Brazil with TAM due to a weakening Brazilian economy. TAM is cutting costs and reducing flights.

Read the full report: CLICK HERE

LATAM Airlines Group Fleet Plans (excerpt from the report):

LATAM Airlines Group 8:2013 Fleet

Top Copyright Photo: Rodrigo Cozzato/AirlinersGallery.com. Sporting new Sharklets, Airbus A320-214 PR-MYY (msn 5591) taxies at the Sao Paulo (Guarulhos) hub.

LAN Airlines (Chile):ย AG Slide Show

TAM Linhas Aereas:ย AG Slide Show

Bottom Copyright Photo: Alvaro Romero/ModoCharlie.com. Boeing 777-F6N N772LA (msn 37708) arrives at the Santiago hub.

Gol reduces its losses in the second quarter to almost $191 million

Gol Linhas Aereas Inteligentes S.A. (Gol Transportes Aereos) (Sao Paulo) issued the following financial information for the second quarter where it reduced its loss to $190.7 million.

  • recorded an operating loss (EBIT) of R$35 million in 2Q13 resulting in a negative margin of 1.8%, an improvement ofย R$320 millionย andย 18 percentage pointsย over 2Q12. In the first half, GOL recorded aย positive operating margin of 1.7%, in line with the margin projected for 2013, of between 1% and 3%.
  • PRASK (passenger revenue per available seat-kilometer) totaled R$14.14 cents in 2Q13, 10.5% up on 2Q12. This performance fueled theย 7.5% year-over-year upturn in RASK (operating revenue per available seat-kilometer), which came to R$15.72 cents in 2Q13. The continuous monthly increase in PRASK since April 2012 reflects the Company’s efforts in optimizing its offer and maximizing the profitability of its routes.
  • CASK (operating cost per available seat-kilometer) totaledย R$16.01ย centsย in the second quarter, 8.4%ย down on the same period last year. Fuel costs per ASK fell by 8.8%, primarily due to the 3.4% decline in the per-liter fuel price and the use of a more fuel-efficient fleet. CASK ex-fuel fell by 8% in the same period, chiefly impacted by the reduction in personnel costs.
  • SMILES’ IPO during the quarter meant that the Company ended 2Q13 with its biggest ever quarterly cash position (cash, cash equivalents, financial investments and short and long-term restricted cash), totalingย R$2.8 billion, equivalent toย 34% of net revenue of the last 12 months (LTM).

Read the analysis by the Wall Street Journal: CLICK HERE

Copyright Photo: Rodrigo Cozzato/AirlinersGallery.com.ย Boeing 737-8EH WL PR-GUM (msn 35846) in the new CBF – Transportadora Oficial de Selecao Brasileira livery taxies past the camera in Sao Paulo (Guarulhos).

Gol Transportes Aereos:ย AG Slide Show

American launches codeshare agreement with LAN Colombia, creditors and shareholders tentatively approve the merger with US Airways

American Airlines (Dallas/Fort Worth) has announced the launch of a new codeshare agreement with LAN Colombia (Bogota), adding new service to key destinations in Colombia and further strengthening American’s relationship with LATAM Airlines Group. Customers can begin booking travel on the codeshare flights for travel beginning August 8.

The new codeshare agreement will give American’s customers seamless connecting service within Colombia and provide LAN Colombia’s customers access to new destinations in the United States. The two airlines will codeshare on flights between the U.S. and Colombia and provide American’s customers access to four new destinations in Colombia โ€“ Barranquilla, Bucaramanga, Cartagena and Pereira, while giving LAN Colombia’s customers access to 12 new cities in the U.S. from Miami, including Chicago (O’Hare), Dallas/Fort Worth, Los Angeles and New York (JFK).

In addition, LAN Colombia plans to join theย oneworldยฎย alliance in the fourth quarter of this year. LAN Colombia operates more than 990 weekly flights to cities throughout Colombia as well as destinations in Brazil and the U.S. From its Bogota hub, LAN Colombia offers 125 daily flights, including service to 20 Colombian cities.

In addition to the codeshare agreement with LAN Colombia, later this year American will launch new service from Dallas/Fort Worth (DFW) to Bogota (BOG), demonstrating its mission to provide customers with expanded options through a growing network footprint in Latin America. American currently operates up to 35 weekly flights from its hub in Miami to Bogota (BOG), Cali (CLO) and Medellin (MDE).

In others news,ย AMR Corporation, the parent company of American Airlines, Inc., announced the preliminary voting results on the Company’s Plan of Reorganization, which indicate overwhelming acceptance of the Plan by those creditors and shareholders entitled to vote.

Of the eight creditor classes entitled to vote, at least 88 percent of the ballots received and tabulated in each class, representing more than 97 percent of the claims value voting in each class, were voted in favor of the Plan.ย  Additionally, more than 99 percent of the shares tabulated for the class of AMR stockholders voted to accept the Plan.

The final voting results for the Plan will be certified and filed with the U.S. Bankruptcy Court for the Southern District of New York in advance of the confirmation hearing on August 15, 2013.

On June 7, 2013, the Court authorized the company to begin soliciting approval of the Plan from AMR’s creditors and stockholders. Voting on the Plan ended July 29, 2013 at 5 p.m. EDT.

The effective date of the Plan and American’s Chapter 11 emergence are expected to occur simultaneously with the closing of the merger with US Airways. The merger is expected to close in the third quarter of 2013.

Top Copyright Photo: Nick Dean/AirlinersGallery.com. Brand new Boeing 777-323 ER N725AN (msn 41666) was handed over to American Airlines on July 31, 2013.

American Airlines:ย AG Slide Show

LAN Colombia:ย AG Slide Show

Bottom Copyright Photo: Bernardo Andrade/AirlinersGallery.com. Former AIRES Colombia Boeing 737-73S EI-EEB (msn 29081) of LAN Colombia taxies past the camera at Sao Paulo (Guarulhos).

Copa Airlines is coming to Tampa

Copa Airlinesย (Panama City), a subsidiary ofย Copa Holdings, S.A., today announced it will begin nonstop service four times a week from Panama City, Panama to Tampa, Florida, starting on December 16, 2013.ย Tampa will be Copa Airlines’ ninth U.S. destination and its 66thย destinationย overall.

Copa will operate a Boeing 737-700 Next Generation with 12 business class seats and 112 economy seats on the flights to Panama. The flight will depart Panama on Mondays, Wednesdays, Fridays and Sundays at 6:34 p.m. (1834), arriving in Tampa at 9:53 p.m. (2153). The return flight will depart Tampa at 7:02 a.m. (0702) on Mondays, Tuesdays, Thursdays and Saturdays, arriving at Copa’s Hub of the Americas in Panama at 10:12 a.m. (1012).

From its Hub of the Americas in Panama, Copa offers flights to more international destinations than any other airline from any other hub in theย Latin Americanย region.ย  In-transit passengers making connections do not have immigration/customs waits and baggage is checked to the final destination.

Copyright Photo: Marcelo F. De Biasi/AirlinersGallery.com. Boeing 737-7V3 WL HP-1521CMP (msn 33708) departs from Sao Paulo (Guarulhos).

Copa Airlines:ย AG Slide Show

AeroMexico avoids a strike today by its flight attendants

AeroMexico (Mexico City) today (June 1) avoided a strike by its flight attendants. According to Reuters, theย ASSA union, which represents approximately 1,300 light attendants, had threatened a strike at midnight if it did not get a 5 percent salary increase.

The airline offered a 4.7 percent increase and the union agreed to the proposal averting a strike.

Read the full report: CLICK HERE

In other news, the airline is planning to introduce its first Boeing 787 on October 1, 2013 from Mexico City to Moterrey according to Airline Route.

Copyright Photo: Marcelo F. De Biasi/AirlinersGalley.com.ย Boeing 777-2Q8 ER N774AM (msn 28689) climbs away from Sao Paulo (Guarulhos) bound for the Mexico City hub.

AeroMexico:ย AG Slide Show

Video: AeroMexico commercial:

Gol explores the option of flying to Africa

Gol Transportes Aereos (Sao Paulo) is exploring the possibility of adding a new route to Lagos, Nigeria. The airline issued this short statement:

“Gol is studying the possibility of opening a new route between Brazil and Nigeria, in Africa. The new flight would be operated by Gol’s standard fleet of Boeing 737 NG.”

Gol Female Pilots (gol)(LR)

Copyright Photo Above: Gol. Not to be overlooked, on March 8, 2013 in order to celebrate International Women’s Day, Gol completed a domestic flight totally with a female crew. Fernanda Prieto, commander (left); Deise Cristiane (right), copilot (above); Andrea Duderstadt, head of cabin and flight attendants Onalice Gama, Suellen Lisandra and Patricia Ferreira (below) represented women in Brazilian aviation.

Top Copyright Photo:ย Marcelo F. DeBiasi/AirlinersGallery.com.ย Boeing 737-85F WL PR-GIO (msn 30477) arrives at Sao Paulo (Guarulhos).

Gol:ย AG Slide Show

Video (in Portuguese:

Gol to double its flights at Viracopos-Campinas International Airport

Gol Transportes Aereos (Sao Paulo) has filed a formal request with the National Civil Aviation Agency (ANAC) to expand its operations at Viracopos Airport, in Campinas, Brazil. The company expects the six new daily flights (five to Santos Dumont and one to Brasรญlia) will start on September 1, 2013.

Viracoposโ€“Campinas International Airportย (VCP/SBKP)ย is an international airport serving theย Campinas, Brazil area northwest of Sao Paulo.

Viracopos-Campinas is also the home of Azul Linhas Aereas Brasileiras.

Copyright Photo: Marcelo F. De Biasi/AirlinersGallery.com.ย Gol Transportes Aereos Boeing 737-8EH WL PR-GTF (msn 34279) in the special GOL 10 ANOS livery arrives at Sao Paulo (Congonhas).

Gol:ย AG Slide Show

Map: Yahoo Travel: Viracopos-Campinas International Airport is located in Campinas in the northwest section of the Sao Paulo metropolitan area.

Sao Paulo Airports (Yahoo Travel)

American Airlines asks the bankruptcy court for more time to reorganize

American Airlines (Dallas/Fort Worth) and its unsecured creditors committee according to this Reuters report have asked the U.S. Bankruptcy Court “to extend the period during which creditors cannot pursue their own restructuring plans for the airline to April 15. That replaced a January request to extend the time to April 1.”

Read the full report: CLICK HERE

Meanwhile American continues its merger discussions with US Airways.

Copyright Photo: Rodrigo Cozzato. As reported yesterday, brand new Boeing 777-323 ER N718AN (msn 41665) completed its first revenue flight from Dallas/Fort Worth to Sao Paulo (Guarulhos). The first arrival yesterday at Sao Paulo is captured in this historic photo. N718AN also displays the new 2013 color scheme and new brand for the company.

Hot New Photos:ย AG Hot New Photos

American Airlines:ย AG Slide Show

American Airlines 2013 logo

Gol shuts down Webjet today

Gol Linhas Aรฉreas Inteligentes S.A. (Gol Transportes Aereos) (Sao Paulo) has announced as of today (November 23), it will begin the process of winding up the activities of its subsidiary Webjet Linhas Aereas (Rio de Janeiro) and the discontinuation of its name and brand. The airline was grounded today.

The group continued in its statement; “The first step is to extinguish flight operations. Webjet has an operational model based on a fleet that mostly consists of aging Boeing 737-300 aircraft that are advanced age, technologically out of date and consume large amounts of fuel. Given the Brazilian sectorโ€™s new cost standards, this model is no longer competitive.

As a result of the winding up of operations, around 850 employees, including flight and cabin crew and maintenance personnel, will be laid off.

Webjetโ€™s clients and passengers will be fully served by Gol and their flights will be guaranteed. As of this date, Gol will be responsible for all air transport and associated services for these passengers. In this context, all the necessary measures are been taken.

As a result of this decision and its consequences, the Company estimates a non-recurring increase in costs in the fourth quarter of 2012, which will be disclosed to the market opportunely. However, the measures will improve operational efficiency as of 2013.

In relation to Webjetโ€™s Boeing 737-300 fleet, Gol estimates that it will return all 20 aircraft by the end of the first half of 2013, 16 of which in the first quarter.

Thanks to the smaller fleet, Gol expects to reduce its domestic supply (ASK) by between 5% and 8% year-on- year in the first half of 2013, underlining its commitment to recovering its operating margins and the sustainability of the business.”

Copyright Photo: Marcelo F. De Biasi. Boeing 737-33A PR-WJW (msn 27267) climbs away Guarulhos Airport near Sao Paulo.

Webjet Linhas Aereas:ย 

Gol reduces its third quarter net loss to $152.7 million

Gol Linhas Aereas Intelligentes (Gol Transportes Aereos) (Sao Paulo) reduced its third quarter net loss to $152.7 million.

Read the full report from Zacks: CLICK HERE

Copyright Photo: Marcelo F. De Biasi. Boeing 737-8EH PR-GTF (msn 34279) in the special 10 Anos (10 Years) color schemes taxies at Sao Paulo (Guarulhos).

Gol:ย