financetom
Business
financetom
/
Business
/
LATAM Airlines expands frequency of Brazil international flights; Air France adds route
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
LATAM Airlines expands frequency of Brazil international flights; Air France adds route
May 16, 2024 9:28 AM

SAO PAULO (Reuters) - LATAM Airlines will increase the frequency of seven of its international routes connecting Brazil to the United States and countries in Europe and Africa, it said on Thursday.

The move by Chile-based LATAM, whose local unit is currently Brazil's No. 1 carrier in international operations by market share, comes as rival Air France KLM also announced it would add a new route to the South American nation.

Carriers have been enjoying healthy demand for air travel in Latin America's largest economy and expressed optimism about the Brazilian market, even as they struggle to add capacity during an ongoing aircraft shortage.

LATAM said starting Oct. 27, it will increase flights from Sao Paulo to Orlando, Los Angeles, Johannesburg, Milan, Rome, Madrid and Lisbon by 38% when compared to the same period a year ago.

All flights will be operated by widebody aircraft seating up to 410 passengers, LATAM said, such as the Boeing 777. The company's long-haul fleet also includes the Boeing 787.

The South American airline has been growing since its exit in late 2022 from a bankruptcy process triggered by a drop in traffic related to the coronavirus pandemic. It expects to post record core earnings in 2024 backed by increased demand.

Earlier on Thursday, Air France KLM said it would also bump up its operations in Brazil with a new flight connecting Paris and Salvador three times a week from late October.

"Brazil is one of the countries that received the most investments from Air France in recent months," the carrier's South America head Manuel Flahault said, adding the flights will be operated by Airbus A350 planes.

With the move, Air France KLM will get back to the number of weekly flights it had in Brazil before the COVID-19 pandemic, with 44 operations a week also serving Sao Paulo, Rio de Janeiro, Fortaleza and Belem.

Air France has a commercial partnership with Brazilian airline Gol in the country.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
--Roper Technologies Boosts Quarterly Dividend to $0.91 a Share From $0.825; Payable Jan. 16 to Holders of Record on Jan. 2
--Roper Technologies Boosts Quarterly Dividend to $0.91 a Share From $0.825; Payable Jan. 16 to Holders of Record on Jan. 2
Nov 5, 2025
02:18 PM EST, 11/05/2025 (MT Newswires) -- Price: 447.21, Change: -2.10, Percent Change: -0.47 ...
Pfizer says it removed some conditions from its Metsera bid
Pfizer says it removed some conditions from its Metsera bid
Nov 5, 2025
WILMINGTON, Delaware, Nov 5 (Reuters) - Pfizer ( PFE ) has removed some conditions in its bid for Metsera ( MTSR ) as it tries to overcome a rival $10 billion bid by Novo Nordisk for the obesity drug developer, the U.S. drug giant said in a letter to a Delaware judge on Wednesday. Pfizer ( PFE ) will ask...
THEON receives first order for multi-sensor gimbals from a European Defense Prime, and announces acquisition of 30% of ShockEOS with an option to reach majority shareholding
THEON receives first order for multi-sensor gimbals from a European Defense Prime, and announces acquisition of 30% of ShockEOS with an option to reach majority shareholding
Nov 5, 2025
PRESS RELEASE Bloomberg (THEON:NA) / Reuters (THEON.AS) 5 November 2025 – Theon International Plc ( TNIPF ) is pleased to announce the evolution of the €10 million investment announced in October 2024 for developing new platform-based products. As a result of a joint engineering collaboration between THEON ( TNIPF ) and Shock EO Systems Ltd (ShockEOS) R&D teams over the...
Daura Gold Up 6.9% as It Appoints Mark Summer as Chief Executive
Daura Gold Up 6.9% as It Appoints Mark Summer as Chief Executive
Nov 5, 2025
02:01 PM EST, 11/05/2025 (MT Newswires) -- Daura Gold ( DGCOF ) shares rose 6.9% on Wednesday after it announced the transition of Mark Sumner to chief executive, effective November 1. Sumner was the company's former president and director. The company said current CEO Luis Saenz will remain on its board. I'm honoured to lead Daura into its next phase...
Copyright 2023-2026 - www.financetom.com All Rights Reserved