ARCHIVES

How’s the Brazilian recovery from COVID-19 going?

Brazil is the largest aviation market in Latin America. In 2019, it handled over 213 million passengers, double the second-largest market in the region, Mexico. Currently, Brazil has over 5 million COVID-19 cases, being the third worldwide with the most...

The Brazilian Airline Rush is On

Brazil just approved 100% foreign ownership of airlines, up from the previous maximum of 20%. This presents an opportunity for foreign carriers to increase investment in a currently troubled economy with strong future potential. Currently the Brazilian airline...

Delta Is Beginning to Look More Like a Middle Eastern Carrier

Who would have thought it? Delta is one of the leading US carriers that has made its annoyance with the big three Middle Eastern airlines quite public. But today Delta announced that it is taking yet another equity stake in an airline, purchasing a 3.55% stake in...

Americans buying into Brazilian airlines

Last week United announced its deal to take a stake in Azul. This follows an earlier move by Delta to take a stake in GOL. What do these deals mean? Let’s start with the following table. Brazil is the key travel market in South America. Its economy is huge despite...