Brazil's third-largest airline, Azul Brazilian Airlines, surprised the market in January when it announced an agreement by which it acquired Two Táxi Aéreo, a commuter airline with operations throughout Brazil. Branded TwoFlex, the company currently has a fleet of two Cessna C208 Caravan and 14 C208B Grand Caravan. After the approval of the takeover by the Administrative Council for Economic Defense — Brazil's antitrust body — in March, Azul has finally started benefitting from the agreement. This week, it announced…
The lack of passenger demand brought by the COVID-19 pandemic has created an existential threat to airlines in Brazil. Despite a delayed initial outbreak compared to some countries, the onset of the coronavirus in the country eventually led to a drop in bookings and revenue similar to that seen abroad.…
In a general sense, airlines around the world have already realized the short-term effects and the best way to survive the coronavirus crisis. Now, another vital question faces the industry: how demand for air travel will behave after the pandemic is under control? When demand started falling off a cliff,…
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.…
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…
