Brazil Reduced Income Tax Rates on Aircraft Lease Payments Through 2026 Signed into Law
On 1 June 2022, the Brazilian government announced the signing of Conversion Bill No. 7 of 2022 (Provisional Measure No. 1.094 of 2021) by President Jair Bolsonaro, which provides reduced income (withholding) tax rates on operations involving payments from sources in Brazil to legal entities abroad as consideration for a leasing agreement for aircraft and […]
IATA Press Release – Amendment to Provisional Measure 1089/2021
The International Air Transport Association (IATA) wishes to raise its concerns regarding the decision of the House of Representatives to approve an amendment to MP 1089/2021, which will force airlines to include a checked-baggage allowance in all airfares sold in Brazil (domestic and international travel). This decision is a setback in the regulatory evolution of […]
Brazil’s GOL To Resume Flights To US In May
Brazil’s GOL plans to resume service to the US in May, relaunching routes from Brasilia (BSB) to both Miami (MIA) and Orlando (MCO) in Florida. The carrier suspended flights to the US in March 2020 because of the COVID-19 pandemic. It had operated to MIA and MCO from November 2018. Both the BSB-MIA and BSB-MCO […]
Cade aprova investimento da American Airlines na Gol
O Conselho Administrativo de Defesa Econômica (Cade) divulgou nesta segunda-feira (21/03), sem restrições, a aprovação de investimento acionário da American Airlines na Gol Linhas Aéreas. A operação tem por objetivo a expansão do atual relacionamento de cooperação comercial com oferta de voos no corredor Brasil – Estados Unidos. O despacho decisório que autoriza a operação […]
Viva To Challenge Legacy Carriers with Brazil Entry
Colombian ULCC Viva has revealed plans to enter Latin America’s largest aviation market as the airline continues to join up more dots across the continent. The carrier, which recently signed an interline agreement with Mexico’s Viva Aerobus, intends to begin flying to Brazil’s business capital São Paulo this summer. Flights will connect Medellín (MDE) and […]
Virgin Atlantic announces partnership with LATAM Airlines
Virgin Atlantic is delighted to announce a new codeshare agreement with LATAM Airlines offering customers the opportunity to fly seamlessly to the South American country of Brazil. Customers booking through Virgin Atlantic are now able to travel from Heathrow direct to São Paulo as well as connecting onwards onto 12 domestic airports in Brazil including […]
LATAM Will Serve A Record Number Of Brazilian Airports In 2022
In 2022, LATAM Brazil will serve a record number of Brazilian airports, the airline has just announced. The South American carrier has been dominating the Brazilian domestic market in the last couple of months, and it plans to continue recovering next year. Let’s investigate further. LATAM’s plans in 2022 LATAM Brazil will launch flights in […]
How Azul’s eVTOLs Will Revolutionize Brazilian Urban Air Mobility
Azul is looking to revolutionize Brazilian urban air mobility following the US$1 billion commercial deal and strategic alliance with Lilium. The airline’s Chief Revenue Officer, Abhi Shah, spoke about Azul’s plans with the 220 electric vertical take-off and landing (eVTOL) aircraft it will receive starting in 2025. The eVTOL revolution Thousands of eVTOLs aircraft could […]
GOL: Emerging from the crisis with a better balance
Paulo Kakinoff, CEO, GOL, tells Graham Newton that the airline has emerged from the crisis as a healthier airline. Your last set of financial results were encouraging. Are you on the road to recovery or do you still need to be cautious? There are many challenges until we return to the pre-pandemic pattern. We are […]
Russia to resume air service with Argentina, Brazil, three more countries starting Dec 1
Russia will resume air service with Argentina, Brazil, Bangladesh, Costa Rica and Mongolia, as well as lift restrictions on regular and non-scheduled flights to Cuba, Mexico and Qatar, starting December 1, the anti-coronavirus crisis center told reporters on Tuesday. «Following the discussion and considering the epidemiological environment in certain countries it was decided to lift […]
