February 3, 2012
LAN Colombia launched service today between Miami International Airport and Bogota, Colombia. The airline will operate four flights per week onboard modern Boeing Airbus A320 aircraft with connections to 22 destinations in Colombia including Cartagena, Medellin, Cali, Pereira, and Monteria. “LAN Airlines and its affiliates are committed to growth, while providing passengers an increased number [...]
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February 2, 2012
Airlines share prices rallied at year-end, but remain 30% down on the start of 2011. Financial markets continue to expect further downward pressure on airline profits; Airline profits worldwide in Q4 were down 55% on last year, but North American airlines in contrast to other regions improved performance; Cargo volumes appeared to stabilize at year-end, [...]
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