Articles tagged “latin america”

British Airways Owner IAG Makes Offer for Spanish Airline Air Europa

British Airways Owner IAG Makes Offer for Spanish Airline Air Europa

Patrick Whyte, Skift

It's easier to understand IAG CEO Willie Walsh's sanguine tone on last week's earnings call given he clearly had this deal in the pipeline. If it goes through — and it's still a big if given the competition concerns — it will ease the pain of Delta's recent Latam deal.

2 weeks ago

JetBlue Airways Pulls Back to Regroup on Latin America and Caribbean Strategy

JetBlue Airways Pulls Back to Regroup on Latin America and Caribbean Strategy

Brian Sumers, Skift

It isn't easy being in the aviation business, but airlines have one advantage over a traditional company. Their assets are mobile. If a carrier like JetBlue discovers softness in one region, it can move its airplanes elsewhere.

4 weeks 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.

1 month ago

Argentina’s State-Run Airline Tries Evolving for a Fragile South American Market

Argentina’s State-Run Airline Tries Evolving for a Fragile South American Market

Kristin Majcher, Skift

Aerolíneas Argentinas has focused heavily on improving its efficiency and customer service in a more competitive aviation industry, but its strategy could change depending on the outcome of Argentina’s upcoming national elections.

2 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.

2 months ago

Despegar Uses Installment Payments to Prod Demand

Despegar Uses Installment Payments to Prod Demand

Sean O'Neill, Skift

Some religions take it on faith that their messiah will come, but they stoically accept that the arrival has been delayed indefinitely. Similarly, Despegar believes that the online travel revolution will sweep Latin America, but it accepts that the glorious moment has been delayed indefinitely. Consumer financing is its secret sauce to sustain itself while it waits.

3 months ago

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Executive Q&A: How Posadas Improved Guest Loyalty Through Major Tech and Marketing Investments

Executive Q&A: How Posadas Improved Guest Loyalty Through Major Tech and Marketing Investments

Posadas + Skift

Posadas recently made major investments in its digital marketing and technology platforms to provide a more personalized experience for its customers and a more seamless process for its staff.

4 months ago

United Moves to Oust Avianca Chairman

United Moves to Oust Avianca Chairman

Ezra Fieser and Justin Bachman, Bloomberg

German Efromovich did this to himself, after offering United majority stake in the airline as collateral for a loan. If he leaves, control could transfer to its second-largest investor, Kingsland Holdings.

6 months ago

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Executive Q&A: Posadas’ Meteoric Growth in Mexico and Beyond

Executive Q&A: Posadas’ Meteoric Growth in Mexico and Beyond

Posadas + Skift

Posadas has witnessed many shifts within Mexico’s tourism industry over the last five decades since it first launched its Fiesta Americana hotel. The brand continues to evolve and has big plans for major expansion in Mexico and other areas of Latin America.

6 months ago

Control of Struggling Avianca Could Pass to United Due to Loan Breach

Control of Struggling Avianca Could Pass to United Due to Loan Breach

Ezra Fieser , Bloomberg

Uncertainty is never good for investment, and right now it's taking a major toll on the airline.

6 months ago

Iberostar Ups Stake in Almundo for Online Travel Agency Push in Latin America

Iberostar Ups Stake in Almundo for Online Travel Agency Push in Latin America

Sean O'Neill, Skift

The conventional wisdom has been that the online travel market in Latin America will narrow down to a fight between Expedia-supported Despegar and global brands like Booking.com. But Almundo, thanks to backing from Iberostar, might put up a meaningful fight.

1 year ago

Despegar Aims to Be Less Dependent on Argentina’s Travel Market

Despegar Aims to Be Less Dependent on Argentina’s Travel Market

Sean O'Neill, Skift

No one saw that Argentina's economy would take such a bad turn this year. But Despegar, based in Buenos Aires, is making moves to weather the storm after its market valuation has been slashed in half.

1 year ago