LATAM Airlines Group S.A. (LTM.SN)
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FTAI Aviation Ltd (FTAI) Q1 2024 Earnings Call Transcript Highlights: Robust Growth and ...
FTAI Aviation reports a strong financial performance with significant advancements in aerospace and leasing segments, forecasting a promising year ahead.
- Reuters
LATAM scraps plan to acquire Boeing B737s after talks end with bankrupt Gol
LATAM Airlines said on Wednesday that it was no longer seeking to acquire Boeing B737 planes either from bankrupt Brazilian carrier Gol or other sources, opting to look for alternative narrowbody aircraft after talks failed. The two airlines clashed shortly after Gol filed for bankruptcy protection in the U.S. in January, with Gol accusing LATAM of trying to poach its planes and pilots. LATAM then offered to acquire any B737s that Gol no longer wished to operate after its bankruptcy restructuring.
- Reuters
LATAM's share of Brazil airline market hits 11-year high as Gol drops
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, while rival Gol continued to falter after filing for bankruptcy. The Brazilian unit of Chile-based LATAM had a market share of 41% in the month as defined by revenue passenger-kilometers (RPK), according to ANAC figures, which the firm said was its highest since the 41.6% reached in July 2013. LATAM has been leading the domestic segment in Latin America's largest economy since 2021, when it overtook Gol, which in turn has seen its market share decline since entering bankruptcy proceedings in January.
