Latin America and the Caribbean
Subregion of the Americas
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We include updates on Avianca, LATAM Airlines, Aeroméxico, Copa Airlines, Volaris, LATAM Airlines Group, Cubana de Aviación, Aerolíneas Argentinas, Gol Linhas Aéreas Inteligentes, Mexicana de Aviación, Varig, LATAM Airlines Brasil, Avianca El Salvador, Aeroméxico Connect, Boliviana de Aviación, Sky Airline ... and more.
April 2025 |
Latin American and Caribbean countries by GDP
International Monetary Fund releases April World Economic Outlook database with GDP (PPP) estimates for Latin American and Caribbean countries.
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January 2025 |
Latin American and Caribbean countries by GDP
Mexico secures second place in the regional economic ranking with a GDP (PPP) of 3,395.916 billion international dollars.
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January 2025 |
Latin American and Caribbean countries by GDP
Economic projection shows Brazil maintains its top position in Latin American and Caribbean GDP (PPP) ranking, with 4,958.122 billion international dollars.
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January 2025 |
Latin American and Caribbean countries by GDP
Argentina ranks third in Latin American and Caribbean GDP (PPP) with 1,493.423 billion international dollars and the highest per capita GDP of $31,379 among top three countries.
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2024 | Fabian Lombardo, who was previously the chief commercial officer, was appointed as the new president of Aerolíneas Argentinas, succeeding Pablo Ceriani |
2024 | V-Dem Democracy Report assessed democracy levels in Latin American and Caribbean countries, identifying Costa Rica, Uruguay, Argentina, Chile, and Jamaica as most representative democracies, while Nicaragua, Cuba, and Venezuela were ranked as least democratic. |
October 2024 | Flights to Tortola, British Virgin Islands were announced, operating on a milk-run service connecting Trinidad, Antigua/Barbados, Tortola, and San Juan. Flights to Martinique and Guadeloupe were also announced for December 2024. |
July 2024 | Caribbean Airlines began nonstop service between Port of Spain and San Juan, Puerto Rico. |
March 11 2024 | LATAM Airlines Flight 800, a Boeing 787-9, experienced a severe technical event en route to Auckland, resulting in 50 people injured, 12 hospitalized, and one seriously hurt. |
February 2024 | Avianca received one of three Boeing 787-8 aircraft from Norwegian Air Shuttle, indicating a strategic move to own its long-haul fleet. |
2023 | ECLAC mapped its activities to four primary Sustainable Development Goals: SDG 17 (partnerships), SDG 8 (decent work), SDG 10 (reduced inequalities), and SDG 16 (peace and justice), emphasizing its commitment to multidimensional equality and environmental economic development. |
2023 |
Latin American and Caribbean countries by GDP growth
Several small Caribbean nations like Saint Vincent and the Grenadines, Dominica, and Grenada show notable economic resilience with GDP growth rates between 4.5% and 6%.
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2023 |
Latin American and Caribbean countries by GDP growth
Guyana leads Latin American and Caribbean countries with an exceptional GDP growth rate of 33.8%, potentially driven by recent offshore oil developments.
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2023 |
Latin American and Caribbean countries by GDP growth
Panama ranks second in regional GDP growth with a robust 7.4% growth rate, indicating strong economic performance.
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2023 |
Latin American and Caribbean countries by GDP growth
Major economies like Mexico (3.2%), Brazil (2.9%), and Colombia (0.6%) show moderate to slow economic growth.
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2023 |
Latin American and Caribbean countries by GDP
Economic report ranking Latin American and Caribbean nations by estimated GDP (Purchasing Power Parity), with Brazil leading at 4,101.022 billion international dollars and Mexico second at 3,277.601 billion international dollars.
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2023 | Pablo Ceriani concluded his term as president of Aerolíneas Argentinas |
2023 | Aerolíneas Argentinas began deliveries of Boeing 737-800BCF cargo aircraft, expanding its cargo fleet capabilities. |
2023 | Caribbean Airlines restarted weekly flights to Caracas, Venezuela and completed the phaseout of its Boeing 737-800 fleet. The airline also restarted flights to Ft. Lauderdale and introduced a temporary route from Georgetown, Guyana to Houston. |
2023 | Copa Airlines reached a new peak with revenue of US$3,316 million, 7,625 employees, 82 destinations in 32 countries, and an expanded fleet of 106 aircraft, demonstrating significant post-pandemic growth. |
December 21 2023 | President Javier Milei announces a presidential decree to begin privatization of Aerolíneas Argentinas, including potential share transfer to employees and implementation of open skies policies. |
October 2023 | Avianca rebrands and stylizes its name as 'avianca' (lowercase). |
September 2023 | Avianca disclosed plans to lease 14 Airbus A320neo planes and two A320ceo planes. |
August 14 2023 | LATAM Chile Flight 505, a Boeing 787-9 Dreamliner, diverted to Panama City after the captain became incapacitated and collapsed, with the captain pronounced dead upon landing. |
July 2023 | The airline announced new flight routes, including tentative approvals for flights to Tortola, British Virgin Islands and San Juan, Puerto Rico. An Eastern Caribbean route expansion was also announced, including new flights to multiple destinations such as Basseterre, St. Kitts & Nevis, Barbados, St. Lucia-Castries, St. Vincent-Argyle, Dominica-Douglas Charles, and Antigua. |
June 2023 | Avianca leased eight A320neo aircraft from the bankrupt Viva Air, with planned delivery in 2023. |
May 13 2023 | Avianca withdrew its plans to acquire Viva Air due to strict conditions imposed by Aerocivil that would negatively impact the airline's economic performance. |
March 21 2023 | Aerocivil announced conditional approval for the Avianca-Viva merger, with multiple requirements including passenger booking compensation and maintaining a low-cost model. |
January 19 2023 | The Ministry of Transport and Aerocivil annulled the previous rejection of the Avianca-Viva Air merger, citing procedural irregularities and ordering a second review. |
2022 | The four Boeing 787-9 aircraft acquired from Norwegian Air Shuttle entered service. |
2022 | The airline showed strong recovery with revenue increasing to US$2,824 million, 7,265 employees, 78 destinations across 32 countries, a fleet of 97 aircraft, and passenger count rising to 15.7 million. |
December 2022 | Avianca obtained regulatory approvals from Brazil and the United States for the Abra Group merger, and stated they had reached most necessary agreements. |
November 2022 | The Colombian Civil Aviation Authority rejected the merger between Avianca and Viva Air. |
November 18 2022 | LATAM Perú Flight 2213, an Airbus A320-271N, struck a fire truck during a rejected takeoff at Jorge Chávez International Airport, resulting in a fire, 24 injuries, and two firefighter fatalities. |
October 26 2022 | LATAM Chile Flight 1325, an Airbus A320-214, encountered a hailstorm during approach to Silvio Pettirossi International Airport, losing its nose radome and both engines, but landing safely with no injuries. |
September 2022 | Ecuador's Superintendency for the Control of Market Power became the first government body to approve the Abra Group merger. |
September 2022 | José Manuel Salazar-Xirinachs becomes Executive Secretary of ECLAC. |
May 11 2022 | Avianca planned to merge with Viva Air and Gol Linhas Aéreas Inteligentes to form the Abra Group, with Avianca as the acquiring company. |
April 29 2022 | Avianca announced plans to acquire low-cost competitors Viva Air Colombia and Viva Air Perú. |
March 2022 | Avianca confirmed an order for 88 new A320neo aircraft, with planned deliveries between 2025 and 2031. |
March 2022 | Alicia Bárcena Ibarra ends her term as Executive Secretary of ECLAC. |
2021 | LATAM acquired four Boeing 787-9 aircraft previously operated by Norwegian Air Shuttle. |
2021 | The airline began receiving the first of 12 Boeing 737 MAX-8 aircraft, which were previously ordered in 2018. These new aircraft arrived a year after the 737 MAX was cleared for service by the FAA. |
2021 | Copa Airlines began recovery with revenue of US$1,412 million, 6,127 employees, 69 destinations in 29 countries, and a fleet of 91 aircraft, carrying 9.5 million passengers. |
December 1 2021 | Avianca emerged from Chapter 11 bankruptcy, marking their second time doing so in the company's history. |
November 2021 | Avianca Holdings announced they would move their legal address from Panama to the United Kingdom and change their name to Avianca Group, while maintaining global headquarters in Bogotá. |
November 2 2021 | Avianca's court-approved reorganization plan was finalized. |
March 2021 | Caribbean Beat Magazine returned to its print format after the digital-only period during the pandemic. |
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This contents of the box above is based on material from the Wikipedia articles Latin America and the Caribbean, Caribbean Airlines, LATAM Airlines, Avianca, Aerolíneas Argentinas, Copa Airlines, United Nations Economic Commission for Latin America and the Caribbean, List of Latin American and Caribbean countries by GDP (PPP) & List of Latin American and Caribbean countries by GDP growth, which are released under the Creative Commons Attribution-ShareAlike 4.0 International License.