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Medellín based low-cost airline Viva Air today in its Rionegro, Colombia headquarters outside of Medellín, finalized a $3.2 billion USD deal for the purchase and maintenance of LEAP-1A turbofan engines with jet engine provider CFM International. The engines are destined for the...

Travelers can already book reservations on the new route, which will offer 150 seats daily on an A320 aircraft.

The platform allows travelers to use their personal devices to connect to the aircraft’s entertainment offerings.

The NEO, or "new engine option," aspect of the aircraft reduces fuel costs and carbon dioxide emissions.

The Santiago-based airline expects to transport some 33,000 people on this route per year.

“There are people out there right now researching whether you can fly standing up,” said company CEO William Shaw.

The flight will depart José María Córdova each day at 12:18 pm and arrive in Montería at 1:18 pm. The return leg will leave Los Garzones Airport at 2:00 pm and land at 3:00 pm.

During the third quarter of 2015, Colombia’s Avianca Holdings S.A. (NYSE: AVH, BVC: PFAVH) announced operating revenues amounting to US$1.12 billion and a net income of US$102.1 million, an increase of US$ 68.9 million over 3Q 2014. As such, net margin was 9.1%, 6.4% above the...

Copa Airlines (NYSE:CPA) and Boeing (NYSE: BA) announced on Friday, a $6.6 billion US dollar (based on Boeing’s published list prices) order for 61 737 MAX-8 and MAX-9 airplanes, making it the largest commercial transaction between a Panamanian and United States company ever....

Inmarsat (LSE:ISAT.L), the provider of global mobile satellite communications services, today announced that Raymundo (Ray) Villar has joined the company as Regional Director, Aviation, Latin America. Villar brings 17 years’ worth of business development experience from...