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Airline Finance News - Latin America / Caribbean.


Dec 31, 2006

Copa Airlines

Copa Airlines flew 367 million RPMs in November, up 29.5% over the year-ago month. ASMs climbed 20.8% to 461.6 million and load factor rose 5.3 points to 79.5%. Dec 26, 2006

Varig

Varig received its new operating certificate Operating certificate is a category of license issued by a government agency allowing an individual or company to provide a controlled type of service. These certificates are generally issued for a limited time period.  last week, Merrill Lynch Merrill Lynch & Co., Inc. (NYSE: MER TYO: 8675 ), through its subsidiaries and affiliates, provides capital markets services, investment banking and advisory services, wealth management, asset management, insurance, banking and related products and services on a global basis.  said. The restructuring carrier is operating 15 737-300s and up to three MD-11s to nine Brazilian destinations plus Bogota, Buenos Aires Buenos Aires (bwā`nəs ī`rēz, âr`ēz, Span. bwā`nōs ī`rās), city and federal district (1991 pop. , Caracas and Frankfurt. ML said Friday that Varig must relaunch service on abandoned domestic routes by Jan. 13 or risk losing them to other Brazilian airlines. It has 180 days to restart its international operations Internal Operations (I.O., IO or I/O) is a fictional American Intelligence Agency in Wildstorm comics. It was originally called International Operations. I.O. first appeared in WildC.A.T.S. volume 1 #1 (August, 1992) and was created by Brandon Choi and Jim Lee.  or face the same consequence. The investment bank said, "We expect both Gol and TAM to benefit from this process and expand their respective market shares in slot-constrained domestic airports as well as international markets." Dec 18, 2006

Varig, Star Alliance

Star Alliance expelled Varig from its ranks just two weeks after CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Jaan Albrecht told reporters at a briefing in Istanbul that the restructuring Brazilian carrier was a member in "good standing". The alliance said the decision was "prompted" by a reduction in flying and services by Varig, whose status changed when its new owner was awarded its own operating certificate earlier this month under the name. Dec 26, 2006

Z

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Dec 18, 2006
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Publication:Airguide Online
Date:Jan 15, 2007
Words:265
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