Citing slipping foreign exchange returns and a general lack of profitablility Norwegian is exiting the Argentinian domestic market. The carrier sold its entire operation to JetSMART, effective immediately.
Norwegian Argentina
Norwegian’s Russian dalliance could open new Asian markets thanks to the SSJ100
It is no secret that Norwegian wants access to fly across northern Russia. The trans-Siberian routes open up opportunities in North Asia, including Japan, China and Korea. And the Russians know this. The country is a notoriously tough negotiator when it comes to gaining access to those routes. Some might even claim extortionate. Oh, and the country has a maligned small airplane that it would like to see selling better, perhaps flying more outside of its home carriers. What are the odds??
PaxEx Premium: Connectivity challenges in Brazil
Uncertainty around the future of Avianca Brasil is growing as the company faces financial turmoil. Citing an inability to strike a "friendly agreement" for renegotiating aircraft leases the carrier sought protection under Brazilian bankruptcy laws this week. The move comes on the heels of lessors seeking the return of 11 aircraft for non-payment. The potential loss of aircraft is bad for the company and for its passengers, of course. It could also see a long-stalled inflight connectivity deployment finally terminated.
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