Freeport’s Legal Turning Point: Arbitration Ruling Clears $357M Claim Against GBPA
A major arbitration ruling has dismissed a $357 million reimbursement claim brought by the Government of The Bahamas against the Grand Bahama Port Authority (GBPA), marking a significant legal development for the governance of Freeport and its economic future. The decision, issued by an arbitration tribunal under the framework of the Hawksbill Creek Agreement, rejects […]
Latin American airlines return to profitability as demand rebounds
The global aviation industry has largely completed its recovery from the pandemic shock, with airlines returning to profitability and passenger demand reaching new historic levels. According to the International Air Transport Association’s (IATA) Annual Review 2025, the sector has regained the ground lost during the COVID-19 crisis, with strong traffic growth and improving financial results […]
Chile’s SAF roadmap signals ambitions in aviation’s energy transition
The aviation industry is entering a decisive phase in its energy transition. As governments and industry stakeholders search for viable pathways to reduce carbon emissions, sustainable aviation fuels (SAF) are increasingly seen as the most immediate and scalable solution for decarbonizing air transport. In this context, Chile has unveiled an ambitious national strategy aimed at […]