Two Latin American airlines, Colombia’s Avianca and El Salvador’s Grupo TACA, closed on a merger agreement after receiving government approvals to combine their operations.
Brazil’s largest airline, TAM Linhas Aereas is in talks to buy a stake in Chile’s flagship airline owned by President-elect Sebastian Pinera, Brazilian magazine Exame reported on its Web site.
Brazil’s largest airline, TAM Linhas Aereas is in talks to buy a stake in Chile’s flagship airline owned by President-elect Sebastian Pinera, Brazilian magazine Exame reported on its Web site.
JetBlue Airways’ total ancillary revenue for the fourth quarter was about $20 per passenger. During 2009, airline’s ancillary revenues grew $60 million or 17 percent as compared to 2008.
JetBlue Airways’ total ancillary revenue for the fourth quarter was about $20 per passenger. During 2009, airline’s ancillary revenues grew $60 million or 17 percent as compared to 2008.
Alaska Air Group executed a $257 million turnaround in 2009, reporting net income of $121.6 million compared with a $135.9 million loss in 2008. Excluding special items ($55.2 million in noncash fuel hedge gains and $22.3 million in costs related to transition to a new pilot contract), Alaska’s net income for 2009 was $88.7 million.