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Articles tagged “latam airlines”

The New Face of Latin American Airline Partnerships

The New Face of Latin American Airline Partnerships

Kristin Majcher, Skift

Airline partnerships connecting North and South America look different in 2020, with Delta a stronger contender in the region than ever before. Its $1.9 billion investment for a 20 percent stake in Chile’s Latam Airlines helps. Now, the question is how it will shape the industry — and the strategies of competitors like American Airlines.

1 month ago

Chile’s Latam Airlines Improves Premium Product Ahead of Delta Tie-Up

Chile’s Latam Airlines Improves Premium Product Ahead of Delta Tie-Up

Kristin Majcher, Skift

After changing its fare structure to compete with low-cost carriers and earmarking $400 million to improve its cabins, Latam’s rollout of premium economy on domestic and regional routes makes sense. It puts the carrier in a position to offer higher-end services without the added complexity of a major business cabin reconfiguration.

2 months ago

American Airlines Gets Ready to Bounce Back in 2020

American Airlines Gets Ready to Bounce Back in 2020

Brian Sumers, Skift

American Airlines has had a rough year. But on its third-quarter earnings call, top executives made a compelling argument that they've turned things around. Are they right? Or was it just spin?

5 months ago

Why Delta Air Lines Covets This Not-So-Profitable Latin American Airline

Why Delta Air Lines Covets This Not-So-Profitable Latin American Airline

Kristin Majcher, Skift

Delta’s planned $1.9 billion investment for a 20 percent stake in Latam is a pretty penny, but the U.S. airline is confident the deal will pay off by expanding its network in South America.

6 months ago

What’s Gone Wrong at American Airlines?

What’s Gone Wrong at American Airlines?

Brian Sumers, Skift

American Airlines has made a lot of excuses for its performance this year. It blames so many of its problems on a labor dispute and the grounding of the Boeing 737 Max. But perhaps there's something more here?

6 months ago

Delta Air Lines Buys Stake in Latin America’s Latam at American’s Expense

Delta Air Lines Buys Stake in Latin America’s Latam at American’s Expense

Justin Bachman, Bloomberg

American Airlines sent out a release Thursday downplaying the significance of Delta snatching a stake in its top partner in Latin America. But make no mistake: This is a big deal. American has been the strongest U.S. airline in Latin America for decades, and this will hurt its competitive position.

6 months ago

Brazil’s Airlines Struggle to Keep Up With Rising Fuel Prices

Brazil’s Airlines Struggle to Keep Up With Rising Fuel Prices

Vinícius Andrade and Fabiola Moura, Bloomberg

We keep hearing Brazil's economy is coming back. But many of the country's airlines are not racking up profits. The problem? They make their revenue in local currency, but many of their costs and much of their debt is in U.S. dollars. And the Brazilian currency has been losing significant value against the dollar.

2 years ago

Avianca Hopes a Stronger Partnership With United Will Help It Dominate Latin America

Avianca Hopes a Stronger Partnership With United Will Help It Dominate Latin America

Jose Enrique Arrioja and Christine Jenkins, Bloomberg

Avianca's strongest competitor, Latam Airlines, hasn't had the easiest time since 2012, when two influential carriers – Chile's LAN and Brazil's TAM — closed their merger. But Latam is finally making money, and it's likely Latin America's leading carrier. Avianca has some work to do to keep pace.

3 years ago