Edition:
United Kingdom

Marcelo Rochabrun

Colombia's Avianca investigating potential past bribery on tickets, upgrades

15 Aug 2019

Aug 15 Colombia's Avianca Holdings said on Thursday that internal investigators are looking into potential bribery, as the airline had in the past given free tickets and free upgrades to government officials of several countries.

Brazil's Embraer posts small profit, but 2019 outlook still dim

14 Aug 2019

SAO PAULO Brazilian planemaker Embraer on Wednesday swung to a $7.2 million profit in the second quarter as higher revenue at its executive jets business offset lower commercial jet sales, but still played down hopes of turning a profit in 2019.

Four inmates suffocated to death en route from site of Brazil prison massacre

31 Jul 2019

SAO PAULO Four inmates in northern Brazil were suffocated to death on Tuesday as they were being transported from a violent prison where 57 others were killed on Monday in an orgy of gang-related bloodletting, authorities said.

Trump says he will seek U.S. trade accord with Brazil

30 Jul 2019

WASHINGTON/BRASILIA/SAO PAULO President Donald Trump on Tuesday said he will pursue a U.S. trade agreement with Brazil, suggesting a friendly relationship with President Jair Bolsonaro could help lower trade barriers between the two biggest economies in the Americas.

Armed men steal $40 million of gold, metals from Brazil airport

26 Jul 2019

SAO PAULO Armed men stole $40 million (£32 million) of gold and other precious metals on Thursday from a Sao Paulo cargo terminal at South America's busiest airport, taking two hostages, police said. | Video

United Airlines shakes up Avianca leadership after shareholder default

24 May 2019

United Airlines launched a management overhaul at Colombia's Avianca Holdings on Friday, removing top shareholder German Efromovich from controlling the cash-strapped airline, according to regulatory filings.

Boeing drops Embraer name from Brazil commercial jet division

23 May 2019

SAO PAULO Boeing Co on Thursday said that after taking over Brazilian planemaker Embraer SA's passenger jet unit, it will call the division Boeing Brasil - Commercial, dropping one of Brazil's most iconic company names.

VW truck brand to invest $344 million in Brazil after Ford exit

21 May 2019

SAO PAULO Volkswagen AG truck brand Scania said on Tuesday it will invest 1.4 billion reais ($344.14 million) to modernize its Brazilian factory in Sao Bernardo do Campo, an industrial city near Sao Paulo.

Exclusive: Elliott Management opposes airline Azul on Avianca Brasil bankruptcy plan

20 May 2019

SAO PAULO U.S. hedge fund Elliott Management is opposing a new plan by Brazilian airline Azul SA to purchase some of the routes operated by financially troubled rival Avianca Brasil for $145 million, according to a legal document seen by Reuters.

Brazil's Embraer posts quarterly loss due to fewer plane deliveries

15 May 2019

SAO PAULO Embraer SA reported a $42.5 million loss for the first quarter on Wednesday, its fifth straight quarter of losses, as revenue fell amid fewer plane deliveries and as the Brazilian planemaker spent heavily ahead of a deal with Boeing Co.

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