Air Transport World

Latin America/Caribbean. (ATW's World Airline Report).

AERO CONTINENTE CHILE: The offshoot of the Peruvian carrier had its operating license revoked a year ago by Chilean aviation officials, who said the airline violated domestic safety rules, citing maintenance and training shortcomings. Chilean authorities had grounded the airline's fleet twice in less than a year. The carrier alleged that the issues were not safety-related but rather protectionist measures on behalf of LanChile. It then abandoned its Chilean business.

AEROLINEAS ARGENTINAS: The troubled Argentine carrier last year reached a deal with most of its creditors to restructure its debt just one year after it flirted with bankruptcy, and last July it posted its first monthly operating profit in 25 years, followed by another in August. Part of the creditor agreement was a 60% reduction in the airline's 2.5 billion peso ($684.2 million) debt over a two-year period.

Late last year it was reported that Aerolineas Argentinas, in an effort to reduce its reliance on the undependable Argentine market, would be investing $30 million to set up new regional airlines in Bolivia, Chile, Paraguay and Uruguay in 2003 offering domestic and international services.

Early this year, a plan to operate a twice-weekly service to the Falklands was rejected by Britain's Dept. of Transport.

AEROMAR: An operator of 48-seat ATR 42s hubbing in Mexico City with a range of routes throughout the heart of Mexico and a few services into Texas, the carrier offers some 120 daily flights. Calling itself "Mexico's executive airline," Aeromar codeshares with AeroMexico, Mexicana and United Airlines. It is celebrating its 15th year of operation.

AEROMAR AIRLINES: The flag carrier of the Dominican Republic connects Santo Domingo, Santiago, New York and Miami. Last month it added a 73 7-300 to its fleet. A cargo carrier since the late 1970s, Aeromar Airlines is a recent entrant into the passenger market.

AEROMEXICO: The largest Mexican carrier last year ordered 15 737-700s with winglets for delivery starting in August, with the remainder arriving at the rate of one every two months thereafter. As the new aircraft arrive, the airline will phase out its DC-9s, which operate only within Mexico. …

Log in to your account to read this article – and millions more.