Speculation is mounting over a potential Chapter 11 bankruptcy filing by Azul Linhas Aéreas, following the release of the airline's latest financial results.Azul remains the only major Brazilian airline yet to seek court protection, with competitor GOL currently undergoing Chapter 11 proceedings in U.S. courts, while LATAM has already completed its restructuring and returned to profitability.In the first quarter of 2025, Azul reported an adjusted net loss of R$ 1.816 billion, despite benefiting from a drop in the U.S. dollar, which helped the airline post an accounting profit of R$ 783 million, largely due to a positive R$ 2.567 billion from “net foreign exchange variations.”Earlier this month, AV's partner outlet <a href="https://aeroin.net/rumores-sobre-chapter-11-da-azul-linhas-aereas-se-intensificam-no-mercado/">AEROIN</a> reported that Chapter 11 rumors were circulating among the airline’s top executives. Now, sources cited by Bloomberg confirm that Azul is in active talks with creditors to explore its options, with Chapter 11 protection in the U.S. being seriously considered.Operationally, there is also speculation that Azul may soon revive its LNR (Unpaid Leave) program in an effort to reduce labor costs. The program was first implemented during the COVID-19 pandemic, allowing employees to take on other jobs while still retaining benefits such as health insurance and social security, and maintaining a formal link with the company.For passengers, major disruptions are not expected. Both GOL and LATAM underwent similar restructuring processes with minimal operational changes, and without significant impact on fares or service quality. If Azul moves forward with Chapter 11, the airline would be temporarily shielded from repaying its current debts, while it works on an internal reorganization plan.

Rumors Grow Around Possible Chapter 11 Filing by Azul Linhas Aéreas

Audi do Brasil and the LATAM Pass loyalty program have launched a new phase of their exclusive regional partnership. Between May 15 and 31, 2025, customers who purchase the Audi Q5 plug-in hybrid—in both SUV and Sportback versions—will receive 150,000 LATAM Pass miles.The promotion is valid at more than 40 Audi dealerships across Brazil, and the accumulated miles can be redeemed for domestic and international flights, in accordance with LATAM Pass rules and the customer’s loyalty tier.This campaign marks the second phase of the Audi-LATAM collaboration. The first, held in November 2024, was a two-week pilot project. Its success prompted the return of the initiative, now extended to meet the high demand from customers who requested its continuation.“We launched the first phase at the end of last year, and after the strong sales response, we decided to bring back this exclusive offer in May, close to the school holidays,” said Renato Celiberti, Sales Director of Audi do Brasil, as quoted by partner media outlet <a href="https://aeroin.net/passageiros-que-comprarem-novo-audi-ganharao-150-mil-milhas-na-latam/">AEROIN</a>. “We chose the Q5 plug-in hybrid, a technological, comfortable, and safe model, ideal for family travel,” he added.The campaign covers the following versions of the Audi Q5 plug-in hybrid:<ul><li>Q5 Performance 2.0 TFSIe S tronic quattro – from R$ 433,990 (~USD 76,000)</li><li>Q5 Performance Black 2.0 TFSIe S tronic quattro – from R$ 456,990 (~USD 81,000)</li><li>Q5 Sportback Performance 2.0 TFSIe S tronic quattro – from R$ 485,990 (~USD 86,000)</li><li>Q5 Sportback Performance Black 2.0 TFSIe S tronic quattro – from R$ 507,990 (~USD 90,000)</li></ul>In addition to miles, buyers will also receive a three-year warranty, 0% financing, or a trade-in bonus when exchanging their current vehicle for a new Audi.“We’re pleased to see the partnership between LATAM and Audi growing stronger,” said Martin Holdschmidt, General Director of LATAM Pass in Brazil. “Two years ago, we began offering a premium boarding experience at Congonhas Airport using sophisticated Audi Q8 e-tron vehicles for our Black Signature customers. With this initiative, we aim to provide more opportunities for earning miles and recognition—even through car purchases,” he concluded.&nbsp;

Audi and LATAM Pass Relaunch Exclusive Partnership With Q5 Plug-In Hybrid Promotion in Brazil

A judicial decision issued Tuesday (13) may offer a crucial reprieve for Voepass, the Ribeirão Preto-based airline struggling to restructure following the suspension of its operations. The Brazilian Federal Court authorized the company to lease its airport slots to other carriers, a move that could generate revenue and stave off financial collapse.The injunction was granted by Judge José Guilherme Di Rienzo Marrey, who ruled that the slots remain the property of Voepass, despite the activity suspension imposed by Brazil’s National Civil Aviation Agency (ANAC).“Given that the slots still belong to the claimant, I authorize their leasing, with monthly reporting,” the judge stated.As reported by g1, the court's decision follows ANAC’s recent announcement of the temporary release of 28 Voepass slots at São Paulo’s Congonhas and Guarulhos airports for redistribution among other airlines. The agency based its move on Voepass’s failure to meet the minimum operational standards during the 2025 summer season.Voepass had its operating license suspended on March 11, after an ANAC audit found serious safety violations. The audit was triggered by the August 2024 crash in Vinhedo (SP), which resulted in 62 fatalities and intensified the airline’s financial woes. Voepass subsequently filed for judicial recovery, a process still underway, according to <a href="https://aeroin.net/justica-autoriza-voepass-a-arrendar-slots-a-outras-companhias-dando-folego-a-recuperacao-judicial/">AEROIN</a>, our media partner in Brazil.With permission now granted to lease its slots, Voepass hopes to generate cash flow while grounded. In its legal filing, the airline noted that slot leasing is a common strategy used by other carriers in similar situations, and is permitted under ANAC Resolution 682/2022, which allows the transfer of time slots between operators.<section class="noteSuggested" data-id="38867,38401" data-title="You might be interested"></section>The airline argued that leasing its slots is essential for financial reorganization, preserving jobs, repaying debts, and maintaining a foothold in the market. “Despite the crisis and temporary suspension, Voepass still holds a license to operate regular flights and continues to attract investor interest,” the company stated.The **commercial use of its Congonhas and Guarulhos slots—some of the most valuable in Brazil—**could be key to avoiding bankruptcy and giving Voepass time to meet ANAC’s safety requirements and resume operations.

Court Ruling Offers Voepass Lifeline Through Slot Leasing Amid Operational Crisis

LATAM Airlines Brasil Announces New Domestic Route Between Brasília and Campinas/Viracopos Starting August 1, 2025, LATAM Airlines Brasil will launch a new domestic route connecting Brasília (BSB) with Campinas/Viracopos (VCP). The service will include three daily round-trip flights operated with Airbus A320 family aircraft, configured to carry 174 passengers.Campinas, located in the state of São Paulo, is considered a strategic point due to its proximity to São Paulo’s capital and the growing role of Viracopos as a logistics hub. LATAM aims to capture both business and leisure traffic on a route already served by other carriers such as Azul, which uses Viracopos as its primary hub.From Brasília, flights will depart at morning, afternoon, and evening intervals, while the return flights from Viracopos to Brasília will also operate three times daily, ensuring smooth connectivity for travelers moving between the Federal District and São Paulo’s interior.<section class="noteSuggested" data-id="38966,38909" data-title="You might be interested"></section>The addition of this route is part of LATAM’s broader strategy to strengthen its position in the Brazilian market, particularly by expanding point-to-point routes with high potential demand. Industry data shows the Brasília–Campinas corridor has seen steady growth in passenger traffic, driven by both business travel and regional tourism.This connection also enhances access from Brasília to São Paulo’s interior without needing to transit through Guarulhos or Congonhas, helping to ease congestion at major hubs and providing more direct alternatives.

LATAM Airlines Expands to São Paulo’s Third Airport with Flights from Brasília

Brazil’s National Civil Aviation Agency (ANAC) has announced that, as of May 11, 2025, the 20 daily slots held by Voepass Linhas Aéreas at Congonhas Airport (CGH) and the eight slots at Guarulhos International Airport (GRU) will be made available to other airlines. This temporary measure applies solely to the current Summer 2025 aviation season, which runs from March 30 to October 25, 2025.ANAC’s decision is based on Resolution No. 682 of June 7, 2022, which governs the allocation and monitoring of airport infrastructure use, complemented by Decisions No. 533 and No. 534, issued on the same date, which define the coordination parameters for Congonhas and Guarulhos airports.The redistribution of Voepass’s takeoff and landing slots is a direct result of the airline’s failure to meet the minimum 80% regularity rate required by ANAC for its scheduled operations at both airports. Under Brazil’s slot regulations, if a carrier fails to maintain the required regularity, its slots may be reallocated to other airlines interested in expanding their services.Voepass Linhas Aéreas, based in Ribeirão Preto and operating a fleet mainly composed of ATR aircraft, has faced a suspension of operations since March 11, 2025. According to reporting by our partner outlet <a href="https://aeroin.net/anac-informa-que-voepass-perdeu-espaco-em-congonhas-e-guarulhos-e-seus-slots-estao-liberados-para-a-atual-temporada/">Aeroin</a>, this precautionary suspension was imposed by ANAC and will remain in place until the airline demonstrates its ability to operate in compliance with aviation safety regulations, including having a sufficiently robust Safety Management System (SMS). Reports from April 2025 indicated that Voepass had filed for judicial recovery.Brazil’s current slot regulation aligns with established international practices, aiming to promote efficiency and optimize infrastructure use at congested airports. In Brazil, five airports are coordinated under this slot distribution system, with Congonhas being one of the most in-demand. Voepass’s presence at Congonhas accounted for approximately 3% of the airport’s total slots. Congonhas serves as a critical domestic hub, while Guarulhos is Brazil’s main international gateway and a key logistics center.<section class="noteSuggested" data-id="38405,38333" data-title="You might be interested"></section>Slot allocation in Brazil is divided into two seasons each year: Summer (S), from March to October, and Winter (W), from October to March. Regularity and performance assessments are based on comparisons with equivalent periods to ensure a balanced analysis. For this reason, the unused Summer 2025 slots held by Voepass are now open to any airline that meets the regulatory criteria, for the remainder of the season.It is important to note that this temporary use will not confer historical rights for the Summer 2026 season (S26). For S26, these slots will return to ANAC, which will carry out a new distribution process aimed at attracting new entrants and encouraging competition.Initially, in March, ANAC had decided to maintain the slots assigned to Voepass, considering the precautionary nature of the suspension and the possibility that the airline could resume operations in time to preserve its historical rights. However, such a return to operations has not materialized. Resolution No. 682 of 2022 modernized the rules on airport coordination, even introducing the possibility of a secondary slot market under certain conditions to stimulate more dynamic usage.

ANAC Brazil releases Voepass slots at Congonhas and Guarulhos

Infraero, the state-owned company that manages airports in Brazil, will increase fees at Rio de Janeiro’s Santos Dumont Airport (SDU) by up to 36%. The measure was approved by the National Civil Aviation Agency (ANAC) after Infraero argued that its revenues had declined due to operational restrictions imposed on the airport.Santos Dumont Airport, traditionally one of Brazil’s ten busiest and a crucial hub for domestic traffic, has faced an annual capacity limit of 6.5 million passengers since 2023. This directive, issued by the Ministry of Ports and Airports (MPOR), aimed to reduce congestion and improve service quality at a terminal that had been operating beyond its design capacity. For context, Santos Dumont processed more than 10 million passengers in 2022, and in 2023—despite the restriction being in effect only from November—it still reached 11.4 million passengers.These operational limitations directly affected Infraero’s revenue structure. The company reported a 49% drop in boarding and landing revenues in 2023, while connection fees plummeted by 97%, according to figures published by Folha de São Paulo.With the fee adjustment, the average revenue per passenger at Santos Dumont will rise from R$ 56.5 to R$ 77.2, an increase of R$ 20.7. Infraero maintains that this revision is essential to offset revenue losses and to ensure the viability of planned investments totaling R$ 400 million through 2026.<section class="noteSuggested" data-id="26418,26256,22709" data-title="You might be interested"></section>According to <a href="https://aeroin.net/alegando-perda-de-passageiros-infraero-e-autorizada-a-aumentar-tarifas-no-santos-dumont/">Aeroin</a>, one of our partner outlets, Infraero explained that “fees at Santos Dumont have historically been aligned with those at Congonhas, which already underwent a rate adjustment after privatization. We’re simply aligning the values,” while also emphasizing its commitment to operational efficiency, financial sustainability, and service quality.It’s important to note that this increase affects the fees charged to airlines for services such as passenger boarding, connections, landings, and aircraft parking. These costs are typically passed on to consumers in the price of airline tickets.Government policy has also redirected flights to Galeão International Airport (GIG), which is farther from the city center and has significant unused capacity. Despite the restrictions and resulting revenue decline, Santos Dumont was Infraero’s second most profitable terminal in 2023, generating revenues of R$ 616 million (about USD 109 million). Galeão’s operations are run through a joint venture between Infraero and private partners under the RIOgaleão Consortium.Infraero had been requesting this fee increase since May 2024. Final approval was granted in March of this year, following a technical review by ANAC and MPOR.

Brazil: Infraero receives authorization to increase fees at Santos Dumont Airport

David Neeleman, a well-known figure in the aviation industry and current CEO of Breeze Airways, recently shared his insights on the state of aviation in the United States and Latin America, as well as the challenges and opportunities facing airlines. Speaking on the “Window Seat” podcast by Aviation Week, Neeleman discussed key topics such as the supply chain and air traffic management with Aaron Karp, senior editor of Routes and Air Transport World.Neeleman described a divided U.S. market. He noted that major legacy carriers like Delta, United, and American are performing well post-pandemic. In contrast, low-cost carriers such as Spirit and Frontier are struggling to compete with the larger operators. The increase in capacity by the major airlines and the introduction of basic fares have eroded the cost advantage traditionally held by ultra-low-cost carriers (ULCCs).On the topic of aircraft delivery delays—a persistent issue in the industry—Neeleman acknowledged that supply chain challenges remain, even four years after the global health crisis began. He mentioned that while deliveries are delayed by two to six weeks, Breeze Airways is adapting to the situation. He emphasized the importance of maintaining strong relationships with suppliers, particularly in regard to aircraft engines, which are critical to operations.<h3>International expansion and focus on South America</h3>When asked about Breeze’s international expansion plans, Neeleman explained that the airline already operates international charter flights but is working toward establishing scheduled services. He noted that Breeze is currently reviewing manuals and collaborating with the Federal Aviation Administration (FAA) to obtain the necessary certification for international operations, which are expected to begin in the upcoming winter season.Regarding the South American market, Neeleman praised Azul Linhas Aéreas—a carrier he co-founded—and highlighted similarities between Breeze and Azul in their operating models. He pointed to the significant growth potential in Brazil, where the proportion of people who travel by air remains relatively low compared to other countries in the region. Azul, with its extensive network serving 150 cities in Brazil, exemplifies the potential of Brazilian aviation.<h3>Financial outlook for Breeze Airways</h3>Toward the end of the conversation, Neeleman addressed Breeze’s financial situation. He noted that while the airline was not profitable in the fourth quarter of last year, expectations for the second quarter of 2025 are optimistic. He stressed the importance of achieving profitability and expressed confidence in Breeze’s market position. Neeleman concluded by stating, “We’re in a very strong position, and as markets mature, we expect to achieve profitability.”Breeze Airways, known for its focus on underserved routes and connecting secondary markets in the United States, operates a fleet that includes Embraer E-Jets and Airbus A220 aircraft. The airline’s strategy centers on providing an enhanced travel experience at competitive fares—a model Neeleman has successfully implemented in his previous airline ventures. The industry is closely watching how Breeze navigates current sector challenges and executes its expansion plans.

Breeze CEO sees concrete growth opportunities in Brazil

GOL Linhas Aéreas announced on Thursday, May 8, that it has reached an understanding with Whitebox Advisors LLC, the asset manager representing holders of the 3.75% Senior Convertible Notes due 2024, issued by Gol Equity Finance. The agreement resolves an outstanding dispute over compensation under the airline’s Judicial Reorganization Plan in the United States, which is proceeding under Chapter 11 of the U.S. Bankruptcy Code.Whitebox Advisors LLC was the last major creditor with whom GOL needed to reach terms following its Chapter 11 filing in late January 2024. The filing aimed to restructure the airline’s short-term financial debt and strengthen its capital structure for long-term sustainability.According to reports from our partner outlet <a href="https://aeroin.net/gol-acerta-com-o-ultimo-credor-e-mira-saida-da-rj-ja-no-mes-que-vem/">Aeroin</a>, the agreement ensures a favorable vote from Class 10(e)—a group that includes general unsecured claimholders against Gol Equity Finance. This step is critical in advancing toward judicial confirmation of the reorganization plan on a consensual basis.As part of the deal, the reorganization plan will be revised to include changes in distributions to different creditors, depending on each debtor’s specific situation. The updated terms will be submitted in the revised plan filed with the U.S. Bankruptcy Court overseeing the case.The Brazilian airline reiterated its expectation to complete the Chapter 11 reorganization process by June 2025. GOL’s financial restructuring plan includes the conversion or cancellation of up to $1.7 billion in pre-petition financial debt, along with around $850 million in additional obligations. This restructuring is expected to result in significant dilution of the airline’s existing shareholder base, while respecting shareholder preemptive rights under Brazilian law.The Chapter 11 process allows companies to reorganize their finances and operations while protected from creditor actions. During this period, GOL continues to operate its passenger and cargo flights normally.

GOL Reaches Agreement with Whitebox Advisors, Paving the Way for Chapter 11 Reorganization

LATAM Airlines begins a strong expansion in Argentina, launching new international routes to Brazil, Chile, Peru, and the United States. According to the company, these additions represent a 27% increase in its operations compared to the previous year.Among the highlights is the resumption of the direct connection between Córdoba and São Paulo, starting October 26 with daily service. This route will allow passengers to access over 60 destinations within Brazil and about 20 international cities, thanks to connections through the Guarulhos hub. Córdoba will thus be linked to LATAM’s three regional hubs in Chile, Peru, and Brazil.Rosario will also regain its connection to São Paulo as of December 30, with four weekly flights, while Buenos Aires (Ezeiza) will once again offer daily flights to Florianópolis between January and February 2026, as part of the summer seasonal schedule.Additionally, the route between Rio de Janeiro and Ezeiza, initially scheduled to run until August 2025, will be extended through March 2026. It will operate five weekly flights between September and October, increasing to 12 weekly flights during the peak season.LATAM Airlines Peru will also resume operations in Tucumán in December, with three weekly flights to Lima. The company notes that this route will give passengers in Tucumán access to over 32 international destinations and 17 domestic ones in Peru.Also returning is the seasonal route between Bariloche and Santiago de Chile, starting December 4, with three weekly flights, enhancing tourism flow between Argentine Patagonia and Chile.<figure class="image"><img src="https://aviacionlinecdn.eleco.com.ar/media/2025/05/asi_quedaran_las_rutas_de_latam_airlines_en_argentina_en_verde_las_anunciadas_hoy.gif" alt="Así quedarán las rutas de LATAM Airlines en Argentina (en verde, las anunciadas hoy)"><figcaption>LATAM Airlines routes in Argentina (in green, new routes announced today)</figcaption></figure><h2>The cherry on top: Miami</h2>While all routes are significant, the most anticipated by the market is LATAM Airlines’ return to the Buenos Aires – Miami route, made possible under the fifth freedom of air traffic, as the flight originates in Santiago, Chile.The inaugural flight is scheduled for December 1 and will operate daily with Boeing 787 aircraft, with an expected potential of 170,000 passengers per year.“We are very happy to launch this important route for our customers,” said Florencia Scardaccione, LATAM’s Commercial Manager in Argentina. “We know Miami is one of the favorite destinations for Argentinians, and this new direct flight will allow them to reach it faster and more efficiently, without having to connect through other countries,” she added.Flight LA542 will depart daily from Santiago at 7:15 AM and arrive in Ezeiza at 9:15 AM, continuing to Miami at 10:55 AM to land at 5:50 PM.In the reverse direction, flight LA543 will depart from Miami at 10:15 PM and arrive in Ezeiza at 8:55 AM the next day, departing again at 10:55 AM to arrive in Santiago at 1:10 PM.The Santiago – Buenos Aires – Miami route will be operated with Boeing 787-8 and 787-9 aircraft, with capacities of 271 seats (20 in Business, 251 in Economy) and 300 seats (30 in Business, 270 in Economy), respectively.LATAM noted that some flights will be operated with 787 aircraft featuring modernized cabins, including Recaro R7 Suites in Premium Business, the first of their kind in South America, as well as Economy Plus, offering more space and greater seat recline.With LATAM entering the Buenos Aires – Miami route, there will be up to eight daily flights between the two cities during the summer, split between American Airlines (four), Aerolíneas Argentinas (three), and LATAM (one)—resulting in nearly 15,000 seats offered daily in each direction.

LATAM Airlines Kicks Off Major Argentina Expansion with Miami Flight and Six New Routes

Azul Linhas Aéreas received a new Embraer 195-E2 aircraft this Tuesday (7), named “Cuanto Más Azul, Mejor”The jet, registered under the prefix PS-ADG, landed at Confins International Airport (MG) from Uruguay, where it will undergo registration and certification procedures before entering service on the airline’s routes.Embraer delivers the aircraft to the leasing company, which has a legal representative in Uruguay. The plane is then exported to Azul, a process that offers tax benefits that can reach millions of reais per aircraft.With this latest addition, Azul—currently the world’s largest operator of the E195-E2—now has 36 of these jets in its fleet. This is the fourth E195-E2 added in 2025, part of the airline’s investment plan exceeding R$ 3 billion, announced last year to support Brazil’s aerospace industry.Built by Embraer, the E195-E2 is the largest and most advanced commercial aircraft developed in Brazil. With seating for up to 136 passengers, the model is known for its fuel efficiency, reducing CO₂ emissions by up to 25%. It also features onboard Wi-Fi, individual screens at each seat, and a quieter cabin.“These deliveries strengthen Azul’s air network and reaffirm our commitment to providing customers with a more comfortable travel experience,” said Abhi Shah, President of Azul. “Our partnership with Embraer is essential to the company’s growth and the development of Brazil’s aviation sector,” he added, according to our partner outlet in Brazil, <a href="https://aeroin.net/azul-recebe-nova-aeronave-embraer-e195-e2-vinda-do-uruguai/">AEROIN</a>.Azul operates over 900 daily flights to more than 150 domestic and international destinations. The new jet will be incorporated into the airline’s route network once regulatory procedures are completed.

Via Uruguay, Azul receives another Embraer E195-E2

LATAM Brasil will resume passenger flights at Viracopos International Airport in Campinas (São Paulo), years after suspending this service and maintaining only cargo operations at the terminal. The airport, located in the interior of São Paulo state, serves as the third commercial hub for the São Paulo metropolitan area.The airline’s last commercial flights in Campinas took place in March 2020, just before the COVID-19 pandemic brought Brazilian aviation to a near standstill.Since then, only Azul Linhas Aéreas—which is based at Viracopos and connects to dozens of destinations—and GOL Linhas Aéreas, with flights to Brasília, Rio de Janeiro, and Salvador, have continued passenger operations at the airport.LATAM has now announced its return, with new flights to and from Juscelino Kubitschek International Airport in Brasília (DF), offering three daily departures. The service is set to begin in August this year, with ticket sales scheduled to open in May. Flights will be operated using aircraft from the Airbus A320 family, including the A321, the largest model in the lineup, capable of seating up to 214 passengers.Prior to the pandemic, the airline had already operated flights between Viracopos and Brasília, with one to two daily departures, according to LATAM’s partner media outlet in Brazil, <a href="https://aeroin.net/latam-voltara-a-ter-voos-de-passageiros-no-aeroporto-internacional-de-viracopos-em-campinas-sp/">AEROIN</a>.

LATAM resumes passenger flights at Greater São Paulo's third airport

Gol Linhas Aéreas continues to move forward with its Chapter 11 restructuring process in the United States, aiming to conclude proceedings by the end of June. In its latest development, the airline reached an agreement with a group of senior secured bondholders maturing in 2026, unlocking an additional US$ 125 million in new funding, which complements the US$ 1.25 billion previously committed by Castlelake and Elliott Management.The agreement marks a significant milestone in the company’s financial restructuring, which began in early 2024, providing the liquidity needed to sustain operations and reshape its capital structure.Gol will now update its reorganization plan to incorporate the new terms, including a provision to offer up to US$ 100 million in new non-convertible debt to creditors outside the main investor group. In addition, remaining bondholders will have the opportunity to subscribe to an additional US$ 50 million of financing under the same conditions.As part of its broader recovery strategy, Gol intends to convert up to US$ 1.7 billion of debt into equity and settle approximately US$ 850 million in liabilities, a move that will result in significant dilution of its current shareholder base, though existing investors will retain their preemptive rights.This development takes place alongside the consolidation of Abra Group Limited, a UK-based private holding company that controls both Gol and Colombia’s Avianca. While both airlines will continue to operate independently, the shared corporate structure allows for strategic coordination and restructuring efficiencies, without altering their respective brand identities.<section class="noteSuggested" data-id="37858" data-title="You might be interested"></section>Gol filed for Chapter 11 protection in early 2024 to reorganize its debt with international creditors, maintain operational continuity, and execute its transformation plan amid ongoing challenges in the Latin American airline sector.With this additional funding secured, the airline expects to emerge from Chapter 11 by the end of the second quarter of the year, laying the groundwork for a new phase in its business strategy.

Gol secures new financing and updates restructuring plan ahead of Chapter 11 exit in June

New LATAM pilot class includes high number of former Brazilian Air Force officers, continuing a trend that has raised concerns within military aviation circles.At the end of last year, six fighter pilots—whose training represents some of the most expensive within the Brazilian Air Force (FAB)—resigned from the force after passing the selection process to become first officers at LATAM Brasil.Now, the pattern is repeating. Eight more military aviators recently resigned and were hired earlier this month to begin training on Airbus A319/A320/A321 aircraft. This time, only one came from the fighter aviation division, while the rest were primarily trained in transport aviation.Sources close to the airline told <a href="https://aeroin.net/fab-perde-mais-pilotos-para-a-latam-que-estao-em-busca-de-melhores-condicoes/">AEROIN</a>, our Brazilian media partner, that the reasons for the exodus remain consistent: better quality of life, fewer relocations, more flight hours, and salaries nearly double those offered in the FAB.With no short-term prospects for improvement, the only realistic career progression option for FAB pilots wishing to remain in active flight service is a transfer to the Special Transport Group (GTE), based in Brasília, which is responsible for transporting the President and other top government officials.However, many pilots avoid relocating to the capital due to its high cost of living and the fact that it would require yet another relocation, a common feature of military life. Additionally, the GTE is seen as less operational, with flight routines similar to those of commercial airlines—like LATAM itself.Another deterrent is the daily interaction with political figures. Being seen as a “chauffeur for politicians” carries a negative social stigma in Brazil, especially amid widespread political polarization and the frequent presence of controversial figures in public office. Many GTE members reportedly avoid disclosing their exact role within the Air Force, even to close friends, out of embarrassment.With this latest class, the FAB has now lost 14 aviators in less than six months—a number large enough to ground an entire squadron if concentrated in one unit (though that was not the case here). For reference, the most recent class of cadets graduated from the Air Force Academy in 2024 totaled 107 pilot cadets.

In search of better salaries, more FAB pilots move to LATAM Airlines

GOL Linhas Aéreas boosts service between Brasília and Buenos Aires, increasing from five weekly flights to daily operations. The enhanced schedule links Brazil’s capital with both of the main airports serving Argentina’s capital: Jorge Newbery Airport (Aeroparque) and Ezeiza International Airport.The route, launched in January 2025 with a more limited frequency, now offers daily flights, improving connectivity between the two countries. The flights, which last approximately four hours, are operated with Boeing 737 aircraft configured with 176 seats for international routes.Brasília’s Presidente Juscelino Kubitschek International Airport serves as a key hub for GOL. From there, the airline operates to 29 domestic destinations, including 26 direct routes and 3 with stopovers. In addition to its domestic network, GOL offers international flights from Brasília to five destinations: Miami (MIA), Orlando (MCO), Cancún (CUN), Buenos Aires (AEP/EZE), and Bogotá (BOG).Aerolíneas Argentinas also operates on the Brasília–Buenos Aires route, typically offering two weekly flights to Jorge Newbery Airport, departing Tuesdays at 08:40 and Sundays at 21:30 (local time). However, the Argentine state airline has suspended service on this route from April through the end of June 2025, with plans to resume operations during the peak winter travel season in July.According to <a href="https://aeroin.net/aeroporto-de-brasilia-passa-a-contar-com-voos-diarios-para-buenos-aires/">Aeroin</a>, the expansion of GOL’s daily service broadens travel options for both tourists and business travelers flying between the two South American capitals, strengthening Brasília’s role in international air connectivity. Tickets for GOL’s flights are available through the airline’s official sales channels and authorized travel agencies.

GOL will offer daily flights between Brasília and Buenos Aires, replacing Aerolíneas Argentinas

The first of these additions is the aircraft soon to be registered in Brazil as PS-LHB (msn 8702). Built in 2019, this plane previously operated for Indian airline IndiGo under the registration VT-IZP until November of last year. It completed a long positioning flight from Asia, landing at Fortaleza Airport in Ceará. After completing the nationalization procedures, the aircraft will be transferred to LATAM’s Maintenance Center (MRO) in São Carlos, in the interior of São Paulo, where it will undergo necessary adaptations before entering commercial service within the airline’s network.Almost simultaneously, a second aircraft arrived in the country, registered as PR-XBX (msn 12538). This unit is factory-new and completed its delivery flight from the Airbus facility in Toulouse, France. It made a technical and customs stop in Fortaleza before continuing on to the São Carlos MRO, where it is now located.These additions are part of LATAM’s ongoing fleet modernization and capacity expansion plan for the Brazilian market. The airline’s strategy involves a combination of receiving aircraft directly from the manufacturer and acquiring or leasing units on the secondary market, providing flexibility in fleet management.According to our partner outlet Aeroin, in addition to these two jets, LATAM Airlines Brasil is expecting a third A320neo to arrive soon. This aircraft, with serial number 12576, will be registered as PR-XBZ. It has already completed its acceptance flight in France and is set to be delivered to Brazil in the coming days.With these new aircraft, LATAM Brasil strengthens its fleet, which is primarily composed of Airbus A320 family jets—including the A319ceo, A320ceo, A320neo, A321ceo, and A321neo—the backbone of its domestic and regional operations. The São Carlos maintenance center plays a crucial role in preparing and servicing these aircraft to ensure operational readiness.

LATAM Airlines Brasil expands its fleet this weekend with the addition of two Airbus A320neo aircraft, one brand new

Azul Linhas Aéreas Brasileiras announced on April 30, 2025, that it has secured approximately R$600 million (around USD 120 million at current exchange rates) in additional funding from its existing bondholders. The move aims to strengthen the airline’s liquidity position, as one of the leading carriers in Brazil’s domestic market.This capital injection follows a recent financial maneuver in which the company converted 35% of its debt notes—maturing in 2029 and 2030—into preferred shares.The new financing is structured through Brazilian Real-denominated Secured Notes, issued by Azul Secured Finance II LLP. These notes are guaranteed by Azul S.A. and certain group subsidiaries. As specific collateral, Azul is pledging selected receivables from credit and debit card sales related to its passenger transportation business.The notes carry a six-month maturity and are prepayable, allowing Azul to redeem them early if it secures any form of public sector-backed financing. The company emphasized that this issuance does not require any amendments or waivers under the terms of its existing secured notes or convertible debentures.Azul stated that it continues to engage with various stakeholders as part of its ongoing efforts to further strengthen its financial structure. The airline will keep shareholders and the broader market informed of any relevant developments in line with applicable regulations.

Azul Secures BRL 600 Million in Additional Funding from Existing Bondholders

The Sindicato Nacional dos Aeronautas (SNA), Brazil’s national aeronautics union, has formally requested that Azul Linhas Aéreas resume discussions regarding the scheduling of night shift crew assignments.The request stems from a previous commitment made by the airline. During a January 2025 meeting, Azul agreed to conduct an internal review—led by its Operational Safety (Safety) department—to evaluate the implications of implementing Clause 3.3.14 of the Collective Labor Agreement (CCT). The airline had pledged to present its official position at the next meeting, but according to the SNA, this follow-up never occurred.In light of the situation, the union is stressing the importance of strict adherence to the scheduling guidelines outlined in the CCT. Specifically, the SNA is advocating for the enforcement of Clause 3.3.14, which limits crew members to no more than two consecutive overnight shifts and a maximum of four overnight shifts within a 168-hour period, using Brasília time as the reference.The union is demanding that Azul issue a formal stance on the matter, which remains unresolved. Additionally, the SNA has warned that if the airline fails to respond or provide a satisfactory resolution, it will proceed with legal action to enforce the contractual rights of aviation professionals under the current labor agreement.<section class="noteSuggested" data-id="37796" data-title="Puede interesarte"></section>

Brazilian Pilots’ Union Pressures Azul to Resume Talks on Night Shift Scheduling

Tourism and aviation authorities from Brazil and Chile, alongside senior executives from major airlines operating between the two countries, held a high-level meeting at Embratur’s headquarters in Brasília to boost bilateral collaboration. The meeting aimed to foster international tourism growth, enhance air connectivity, and promote regional integration, following discussions between Presidents Luiz Inácio Lula da Silva and Gabriel Boric.Representing Chile were Verónica Pardo, Undersecretary of Tourism and the country's top tourism official; Holger Paulmann, CEO of Sky Airline; Estuardo Ortiz, CEO of JetSMART; and Juan José Toha, Director of Corporate Affairs and Sustainability at LATAM Airlines Group. The Brazilian delegation included Marcelo Freixo, President of Embratur; Tomé Franca, National Secretary of Civil Aviation at the Ministry of Ports and Airports; and Julia Lopes, Director of Promotion and Planning at the same ministry, among other officials.The tourism relationship between Chile and Brazil is expanding rapidly. Chile is now Brazil’s third-largest source of international tourists and the fastest-growing market. The number of Chilean visitors to Brazil rose from 202,000 in 2022 to 653,000 in 2024, marking a 223% increase. This trend continues in 2025, with 286,000 arrivals in Q1 alone, a 30% year-on-year increase.Currently, there are 15 air routes linking destinations in both countries, including 10 direct flights and 5 with layovers in Uruguay or Argentina. In 2024, Brazil recorded 10,057 flights from Chile, up 260% compared to 2022. Projections for 2025 forecast an additional 25% increase in flight offerings. Brazilian cities receiving these flights include Fortaleza (CE), Recife (PE), Salvador (BA), Brasília (DF), Belo Horizonte (MG), Rio de Janeiro (RJ), São Paulo (SP), Curitiba (PR), Foz do Iguaçu (PR), Florianópolis (SC), and Porto Alegre (RS).One of the key goals of the meeting was to identify strategies to reduce air travel costs and improve accessibility, as well as to explore opportunities for joint international tourism promotion. Participants agreed that deeper regional integration would strengthen both economies and create new business opportunities.Marcelo Freixo emphasized that tourism and South American integration are part of an economic agenda that drives prosperity, jobs, and income for the region. He also highlighted the need to promote Brazil’s under-connected North Region, which currently lacks direct air links to Chile, stating: "More flights mean more trade, more travel, and more tourism. Expanding international flight frequencies and routes is one of Embratur’s main strategies to attract more foreign visitors."According to <a href="https://aeroin.net/brasil-e-chile-reforcam-parceria-para-ampliar-voos-e-turismo-com-foco-na-integracao-regional/">Aeroin</a>, Freixo added: “Connectivity with Latin America is crucial for boosting intraregional tourism, much like what we see in Europe and North America. Chile is already Brazil’s third-largest tourism source market [...] We’ve made significant improvements to the air networks in both Brazil and Chile, and our relationship with the airlines is strategic. The more joint promotion we can do, the better.”Verónica Pardo underscored the importance of developing new routes while investing in established ones. She also proposed a binational collaboration to attract tourists from distant markets, such as Asia. Referencing previous discussions between Presidents Lula and Boric, she stated: “This is a step we must take. We need to move toward a model more like the European Union’s, where people can travel freely within South America without the high costs of flying between countries.”From Brazil’s Ministry of Ports and Airports, Tomé Franca presented ongoing infrastructure investments and joint initiatives with Embratur aimed at attracting new international routes. Expressing optimism for Brazil’s aviation sector, he noted: “There is plenty of room for growth.” During the meeting, Chilean delegates were introduced to Brazil’s International Tourism Acceleration Program (PATI). In response, Pardo noted that while Chile lacks a similar program, there is openness to discussing support mechanisms or flight subsidies.Also present were representatives from Chile’s National Tourism Service (Sernatur), the Association of Ski Centers of Chile, and Andino Travel, alongside directors and managers from various departments at Embratur. Both sides expressed strong interest in deepening connectivity, advancing regional integration, and lowering the cost of flying within South America to levels comparable with domestic travel. Another topic discussed was the improvement of data-sharing mechanisms between the two countries to enhance coordination and tourism promotion

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LATAM Airlines Brasil expands its fleet this weekend with the addition of two Airbus A320neo aircraft, one brand new

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Brazilian Pilots’ Union Pressures Azul to Resume Talks on Night Shift Scheduling

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