Brazil braces for more Chinese demand, higher food prices amid US trade war
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Embraer expects to increase aircraft deliveries by up to 18% this year, it said on Thursday, reaching as many as 240 commercial and executive jets as it
Brazilian airline Azul expects to go "back to basics" and be able to focus more on its operations this year, Chief Executive John Rodgerson said, after a
Mexico's economy shrank in the fourth quarter for the first time in more than three years, official data showed on Friday, as the central bank expects at best lackluster
Brazilian President Luiz Inacio Lula da Silva said on Thursday that his government would reciprocate if U.S.
A planned merger between Brazilian airlines Gol and Azul would strengthen the sector and prevent either company from failing, Brazil's
– Brazilian airline Azul on Thursday reported a narrower second-quarter loss, beating market expectations, and its shares jumped almost 9% as it provided its first updates after completing a broad restructuring plan earlier this year. Sao Paulo-traded shares of Brazil’s largest airline in number of flights and cities served jumped as much as 8.9% after the report, making it one of the top gainers on Brazil’s Bovespa stock index, as analysts voiced optismism about the company’s future. Azul posted an adjusted loss of 1.33 real per share for the three months ended in June,
– Major helicopter manufacturers operating in Brazil expect a demand recovery in the second half of 2023 after a relatively slow first six months, but are unlikely to match the strong orders they registered last year. Air transportation markets had a positive 2022 with travel rebounding post-pandemic, and that scenario ended up setting high bars for 2023. The start of the year was not as strong as some hoped, though prospects are positive for the final six months, executives from Helibras and Leonardo told Reuters this week at the LABACE airshow in Sao Paulo.
Principal Financial Group's asset management business is bullish on Latin American equities as interest rates come down and valuations remain at compelling
LATAM Airlines' share of Brazil's domestic market reached its highest level in 11 years in March, data from local aviation regulator ANAC showed on Monday,
Boeing on Tuesday opened a technology and engineering center in Brazil, aiming to expand its global footprint and take advantage of expertise
Brazilian planemaker Embraer is confident it will meet its outlook for aircraft deliveries in 2023, seen growing by about a quarter, and expects to be able to
Brazilian planemaker Embraer has been trying to sell U.S. carriers on the merits of its E195-E2 jet as a "small narrow-body", even as demand in its No.1 market
LATAM Airlines was the market share leader among companies flying between Brazil and the U.S. in the quarter ended in October after resuming non-stop flights to
Shares of Brazilian airlines rose on Tuesday on investor relief that a government deal to lower ticket prices was not as heavy-handed as some expected, amid
Brazilian airlines Azul and Gol have secured access to around $200 million each in financing to fund engine maintenance plans, as carriers try to maintain
The chief executive of Brazil's Embraer said on Friday that supply chain issues impacting planemakers have been improving but some challenges remain.
Chilean carrier LATAM Airlines hiked its earnings forecasts for this year on Thursday, backed by a strong first-quarter performance
LATAM Airlines will increase the frequency of seven of its international routes connecting Brazil to the United States and countries in Europe and Africa, it
Shares in Brazilian airlines Azul and Gol soared on Friday after they announced a codeshare agreement, connecting their networks and frequent flyer programs in
Brazilian airlines Azul and Gol have informed local antitrust regulator CADE of their new codeshare agreement and do not expect hurdles to be imposed, Azul's
Electric aircraft maker Eve expects to raise funds as early as next month to finance operations through the certification of its flying taxi
Consumer prices in Brazil accelerated more than expected in May, data from statistics agency IBGE showed on Tuesday, with a jump in food costs helping drive
Embraer heads into the Farnborough Airshow next month riding tail winds that have lifted its shares to an all-time high, as recent orders show
Brazilian planemaker Embraer sees itself as a "great solution" for carriers to add capacity more quickly amid constraints to 'big' narrowbody
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