Executives from Mexican ultra-low-cost carrier Volaris delivered a message during a recent earnings discussion: Do not compare us to our U.S. counterparts.

Argentinian ultra-low-cost airline Flybondi has agreed to wet-lease two Boeing 737s from Spanish charter carrier AlbaStar.

GOL's parent Abra Group has agreed to convert $950 million of its secured debt in the Brazilian carrier to equity as it nears exiting bankruptcy protection.