Santiago-based LATAM Airlines Group reported a 2017 third-quarter net profit of $160.6 million, compared to $4.7 million net income in 3Q 2016, boosted by a $59 million foreign exchange gain based on a 4.4% appreciation of the Brazilian real during the quarter.

Bogota, Colombia-based Avianca Holdings posted a 2017 third-quarter $36.1 million net profit, down 4.5% from $37.8 million in 3Q 2016, as the airline realized $17.1 million in losses from the first 10 days of what would become a 51-day strike by over half of Avianca’s pilots.

Bombardier is forecasting carriers in the Middle East will take delivery of 450 aircraft in the 60- to 150-seat segment by 2036, as the region is expected to readjust its fleet balance and further develop intra-regional connectivity to restore profit growth and improve yields over the next two decades.