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Abu Dhabi Sovereign Fund to Invest at Airline Start-Up in…

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,…

Air Nostrum Will Fly Domestic Routes in Brazil

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…

Outrage in Brazil as Historic C-47/DC-3 is Shockingly Scrapped

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…

Flybondi Starts Flights to São Paulo

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…

Azul Signs Agreement to Acquire Major Commuter Airline in Brazil

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…