Porter Airlines has brokered a sale-leaseback agreement covering four Embraer E195-E2s scheduled for delivery this year.

Airlines in Latin America are feeling good about their short-term prospects but are keeping a close watch on the second half of the year.

LATAM plans to spend $40 million upgrading 37 Airbus A319s, a subfleet that has provided the company flexibility as it faced aircraft delivery delays.