The Madrid-based International Airlines Group (IAG), a holding corporation controlling five airlines (British Airways, Iberia, Aer Lingus, Vueling, and LEVEL),…
Brazilian Government Eyes Invitation to JetBlue, Ryanair to Fly in the Country
Local media reported that the Brazilian government could approach JetBlue, Ryanair, and other low-cost airlines during the forum of leaders of the Latin American and Caribbean Association of Air Transport to convince them to fly in the domestic market in Brazil in an attempt to reduce airfare in the country. Low-cost, low-fare airlines already offer international flights to and from Brazil, but face several difficulties in operating within the domestic market, such as the high price of aviation fuel.
Despite the obstacles, the federal government is approaching these companies to present prospects of market growth, and try to convince them to fly in the country.
The government’s goal is to increase the number of passengers carried in the country to over 120 million this year — up from 103 million in 2018 — and to reach 200 million in 2025. Over the next five years, the goal is also to increase from 130 to 200 the number of cities served by air transport.
Air travel is an important political advantage in a large country where travel is difficult, expensive, and even dangerous. Most roads in Brazil lack good maintenance and flying is essential for economic activity. Air travel in Brazil is still restricted to a small percentage of the population due to low income and high fare prices.
Through the years, Brazil struggled because of government corruption and lack of strategic planning, leaving the country with poor aviation infrastructure. The government is trying to compensate for this by attracting foreign airlines and privatizing airports.
In a desperate attempt to attract foreign low-cost airlines to the country, the government approved a weird law making it mandatory for airlines to charge for luggage contradicting their speech about competition.
- Embraer Fiscal Year Financial Results ‘Below Expectations’ - March 30, 2020
- Lufthansa Group Offering New Waiver Policy for Rebooking - March 6, 2020
- British Airways Starts Codeshare with Royal Air Maroc - February 14, 2020
Subscribe to AirlineGeeks' Daily Check-In
Receive a daily dose of the airline industry's top stories along with market insights right in your inbox.
Southwest on Wednesday announced the launch of Southwest Airlines Renewable Ventures (SARV), a wholly-owned subsidiary of the carrier focused on…
British Airways has forged an interline partnership with CemAir, a South African regional airline, as announced in a press release…