Articles tagged “latin america”

To merge or not to merge? That's the question for two of Brazil’s three major airlines. In January, Azul and Gol signed a non-binding deal with "intent to combine their businesses.” Then came a snag. Azul filed for Chapter 11, just one week before Gol exited bankruptcy. Today, the prospect of a Brazilian mega-merger is increasingly uncertain, as we discuss in this week's feature story.

Will someone in South America please check the calendar? Is it still 2019? Latam, South America’s largest airline group, is paying a remarkably low 4.8 U.S. cents, excluding fuel, to fly one seat one kilometer. That’s almost identical to the 4.6 cents it paid six years earlier. In this week's feature story, we explore why Latam’s cost structure is basically the same as it was before the Covid crisis.

The global airline sector is in a growth phase, projected to reach $949 billion by 2026, driven by strong leisure demand and the significant rebound of business travel.

Vitruvian Partners' additional $50 million investment in Civitatis underscores the company's appeal as a niche marketplace. The company plans to use the funds to solidify its leadership in Latin America.

The spring travel surge and strong consumer sentiment boosted the Skift Travel Health Index in April 2024. The momentum is expected to continue.

Albania, Tanzania, Indonesia, Egypt, and El Salvador have been named the most-improved emerging economies for enabling travel and tourism development since 2019. Here are some insights.

JetBlue reported a $716 million loss on Tuesday as it recalibrates its strategy as a standalone carrier following the termination of its merger with Spirit Airlines.

Brazil keeps pushing back its visa requirement for tourists from Australia, U.S. and Canada. Given the value of these markets to Brazil, maybe it should scrap the requirement altogether.

If you work for an online travel agency and suggested it open brick-and-mortar stores to bring customers online, you would get very quizzical looks, at the least. Let's see if it works in Argentina and Brazil for Despegar/Decolar.

The global Travel Health Index rose to 105, continuing the trend of surpassing pre-pandemic levels and setting a new benchmark. Latin America, propelled by the Taylor Swift Eras Tour led the score, soaring to an all-time high regional index of 117 in November 2023.