Why Brazil’s bid to lure low cost airlines may be doomed
Brazilian government officials this week tempted airline executives with a pitch: Latin America’s largest domestic aviation market is opening up and it badly needs more competition. Promises abounded to lure low-cost carriers to fly domestic routes. The infrastructure minister promised to double the number of passengers in Brazil’s skies. A monopoly on jet fuel by […]
Overcapacity in European Aviation Market Impacts Airline Revenue Per Seat
Low fares are set to continue in the European aviation market as overcapacity over the Winter season has seen Ryanair lower market expectations for 2019 financial results and easyJet report lower per seat revenue. U.K.-based easyJet this week announced first quarter earnings through December 31 of £1.296 billion, up 13.7 percent, but advised that the […]
