With demand for air travel practically vanishing due to the COVID-19 pandemic, airlines around the world are trying to find the best financial solutions to assure survival during the upcoming months. Generally, along with cash-preserving measures, this incurred in seeking help from governments. For Brazilian airlines, this was no different. Executives were outspoken about the gravity of the situation since traffic fell off the cliff. At the moment, the only measure the federal government has launched is a legal act…
Since the beginning of March, with the first cases of COVID-19 in Brazil, demand for domestic travel saw a dramatic and unprecedented drop. While the number of passengers and financial results were in a positive trend since 2019, airlines had to quickly react to this new scenario. To avoid a…
As the saying goes, the best way to become a millionaire is by having a billion dollars and opening an airline. Aviation is a high-risk industry, with high costs and narrow margins. The risk of losing money is amplified in the regional markets. The low capacity brings costs per seat…
On the same day AirlineGeeks visited ASTA Linhas Aéreas' headquarters and hangar in Cuiabá, Brazil, the company started a new route -- a very welcomed coincidence. The new flight would connect the airline's base to Nova Mutum, a short 126-mile route. Nova Mutum is a city in central Mato Grosso…
Itapemirim Group, one of Brazil's largest passenger bus companies, is about to start up its own airline, named "Ita," backed by one of Abu Dhabi's sovereign wealth funds. The news was announced this week by the company owner, Sidnei Piva, to Folha de São Paulo newspaper. According to Piva, the…
The Spanish regional operator Air Nostrum met with Brazilian authorities showing interested in flying domestic routes in Brazil. This is a part of a recent effort by the Brazilian government to attract foreign airlines and increase airline competition. In 2019 Brazil approved a law allowing 100 percent foreign ownership of…
The Brazilian aviation community was put in shock this Friday upon the news of the scrapping of a historic Douglas C-47/DC-3 in Rio de Janeiro. Emerged images of the destroyed aircraft, one of the most famous remaining DC-3s of the country, spread quickly on social media and generated a huge…
Flybondi, Argentina's first ultra-low-cost and currently third largest airline of the country, started operations connecting Buenos Aires to São Paulo/Guarulhos this Friday. This is the third destination of the airline in Brazil, following Rio de Janeiro (Galeão) and Florianópolis. The flight will be operated three times a week with the…
Azul, Brazil's third-largest airline, announced this Tuesday it reached an agreement with Two Táxi Aéreo, by which it acquires the latter in a transaction worth BRL123 million — equivalent to 29.761 million dollars in current values. The partnership is pending a further sale contract and regulatory approvals. Two Táxi Aéreo,…
2019 was a hectic year for the Brazilian aviation industry, with plenty of ups and downs. Even though the economy is doing good, with the country steadily recovering from the largest recession in its history, Brazilian airlines have faced several challenges this year. Each company faced its very own arduous…
