Colombian budget airline Viva Air has officially applied to regulators to become part of Abra, the new airline group being formed by the merger of Avianca and Gol.
In this week’s episode, Edward “Ned” Russell and Madhu Unnikrishnan take a look at what the new transnational company could look like and why Copa is doing well. And then they blame Alanis Morrissete for ruining the word “ironic.”
About a decade ago, the airlines that became Avianca and Latam showed the world what transnational mergers could look like. And now enter Abra, a holding company that knits together Avianca, Gol, Viva, and Sky, in a sort-of merger that spans almost the entire continent.
Never a dull day in Latin American airline circles. Two of the region's largest, Avianca and Gol, plan to merge and create a pan-South American aviation group along with budget competitors Sky Airline and Viva Air.
High commodity prices actually help Brazilian airlines, like Gol. The country's economy is resource-dependent, which means rising oil and agricultural prices will drive up business travel around Brazil.
Airbus’ entry into the electric air taxi race brings the aircraft closer to reality. The airframer's long and close relationships with global regulators — unlike many of the new startups in the space — gives further credibility to its aggressive 2025 entry-into-service timeline.