Brazilian Government launches airline relief package following fuel price hike
The Federal Government of Brazil formalized a package of emergency measures to mitigate the impact of a 54.63% increase in aviation fuel prices announced by Petrobras. The roadmap, structured by the Ministry of Ports and Airports and the Ministry of Finance, aims to curb pressure on airfares and ensure connectivity amid volatility in the international […]
IATA appeals to Latin American governments for coordination
Airline industry association IATA is calling on Latin American governments to harmonise plans to eventually restart air service and reopen borders, saying an uncoordinated effort will hinder the sector’s recovery. IATA, which represents 290 airlines or about 82% of total air traffic worldwide, says it has reached out to governments across the continent, appealing for […]
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 […]
