Business
LATAM Airlines Brasil is expected to moderate its expansion plans in the coming months as rising fuel costs continue to impact the aviation sector. The airline announced that it will reduce its planned flight capacity for July by approximately 3% compared with its original projections, reflecting efforts......
Brazilian planemaker Embraer said on Friday it has secured an order for 15 E195-E2 aircraft from lessor Azorra, sending its shares up about 5%. The deal marks the third increase to Azorra’s original 2021 order and includes purchase rights for 15 more, bringing the company’s total firm orders......
The United States’ decision to classify Brazil’s largest criminal organizations as Foreign Terrorist Organizations is expected to increase business risks and compliance costs in Latin America’s largest economy. The measure targets two of Brazil’s most powerful crime syndicates,......
Boeing has secured 20,000 tonnes of permanent carbon removal credits from Supercritical, marking one of the most significant purchases of its kind in the aviation sector this year. The agreement reflects a broader push by the manufacturer to scale up its carbon management efforts as pressure grows to......
Brazilian fintech company Ebanx has announced a major international expansion strategy focused on Southeast Asia, as it seeks to strengthen its presence beyond Latin America. The company, which provides cross-border payment solutions for global firms such as Uber and Shein, is expanding its services......
Chinese investment in Brazil is undergoing a major transformation, shifting away from large-scale infrastructure projects toward consumer-focused industries such as food, retail, and services. A new wave of companies from China is increasingly targeting Brazil’s more than 200 million consumers,......
Finnish airline Finnair has announced a major step in modernizing its European operations by choosing Brazilian manufacturer Embraer over Airbus for its next generation of narrow-body aircraft. The carrier confirmed it will acquire 18 E195-E2 jets, with additional options that could significantly expand......
Brazil’s Supreme Court has ruled to keep Daniel Vorcaro, owner of the now-liquidated Banco Master, in custody. The decision comes after allegations that Vorcaro attempted to bribe a former central bank director in exchange for preferential treatment. Vorcaro was detained earlier this month following......
Brazilian pharmaceutical company EMS is seeking to expand its international presence following the acquisition of the Brazil-based Sanofi unit, Medley, for more than $500 million. The deal strengthens EMS’s leadership position in Latin America’s generics market and positions the company for......
The ongoing tensions in the Middle East present Brazil with a unique opportunity to attract international investment in its oil industry, according to Shell's CEO in the country. Cristiano Pinto da Costa emphasized that Brazil’s political stability and reputation as a dependable oil producer......
Spanish airline Iberia has unveiled plans to expand its long-haul fleet from 45 to 70 aircraft, enabling the carrier to increase flight frequencies and introduce new routes across North and South America. The announcement marks a significant step in Iberia’s strategy to strengthen Madrid's......
The recent meeting between Morocco’s Minister of Transport and Logistics and the CEO of Embraer, a leading Brazilian aerospace company, marks a significant step in deepening the strategic collaboration between Morocco and a key player in the global aviation sector. This dialogue aligns with Morocco’s......
The recent collaboration between two major airlines marks a significant milestone in global aviation, creating new opportunities for passengers traveling between Africa and South America. This partnership establishes a code-sharing agreement that enhances connectivity, simplifies travel, and opens doors......
