Brazilian President Michel Temer  signed a decree  allowing foreign companies to own 100 percent of local airlines, in a move to increase foreign investments in the country and improve the travel industry and the influx of tourists into the country, as expected by the Tourism minister.
On the news, shares of Brazilian carriers GOL and Azul, which started trading just the day before jumped on the stock market, on expectations that foreign companies or carriers might acquire a major part or the majority of those companies.

 

On its third IPO attempt, Brazil’s Azul Airlines, the third largest carrier in Brazil in terms of revenue, but the number one in number of cities served, raised around $650 million Dollars in New York and Sao Paulo.

The fresh infusion of cash will allow the carrier to invest in areas where it needs to further expand and compete with Brazil’s other major carriers LATAM and GOL.

Below the interview with Azul founder David Neeleman, who also founded JetBlue in the United States.

 

 

avianca-brasil
 

Avianca Brasil will fly daily from São Paulo to Miami and Santiago. The new international connections come to add to the Fortaleza-Bogota flight. The aircraft will be an A330-200 with 206 passengers in economy class (aircraft configuration 2-4-2) and 32 in executive. The flight to Miami starts on June 23 and is now on sale on all Avianca Brasil channels. It will take off from Guarulhos at 11:55 pm and will land in the United States at 7:25 am.

On the return it leaves Miami at 7:30 p.m. arriving in São Paulo at 5:00 p.m. Local times. “It is one of the best destinations, there is demand, and that is where we are going, where there are many Brazilians living and sightseeing, where there is a Brazilian culture of traveling,” said José Efromovich, founder of Avianca Brasil .

In July, the company will also fly to Santiago with the new A330, at times yet to be announced. “Brazil is the second in the list to send more tourists to Chile, and Santiago is the most popular destination, which justifies this other international route, and we announce at a good moment due to the winter season.”

Avianca Brazil will have, at first, three A330-200. One is already in Brazil and will fly São Paulo-Fortaleza to train its operations with the new equipment. The next two model aircraft will arrive in the coming weeks. The airline should also launch yet another international service this year,”however, we can not reveal,” said President Frederico Pedreira. Avianca Brasil plans to grow from 8% to 10% in revenue in a year filled with these two new routes. “There will be approximately 500 seats available daily in the round trip from Miami and Santiago, which amounts to approximately 250,000 passengers annually on both routes,” Gargioni said. The Avianca Brasil fleet consists of 47 Airbus, which make 230 daily departures.

 

28 March 2017

latam CEO

                                                                          Claudia Sender and Jerome Cadier

SAO PAULO, March 22 (Reuters) – LATAM Airlines Group SA , the biggest carrier in South America, on Wednesday named a new chief executive of its shrinking operation in Brazil, where a deep recession has battered profitability in recent years.

Brazilian Jerome Cadier, currently senior vice president of marketing for the Chile-based airline group, will take over LATAM’s operations in Brazil starting on May 1, the company said in a statement.

The unit’s current CEO, Claudia Sender, has been in charge since 2013, about a year after the Brazilian airline then known as TAM merged with Chile’s LAN. She will keep the title of president of LATAM Brasil and assume responsibilities for marketing, services and client experience for the larger group.

LATAM slashed capacity in Brazil by nearly 12 percent last year and could cut up to 2 percent again in 2017, the company said last week. Yet the group’s CEO Enrique Cueto told Reuters on Monday he expected the Brazilian market to recover in the second half of the year.

(Reporting by Brad Haynes; Editing by Bernard Orr)

azul-eze

After a short postponement of what had been foreseen, Azul received the approval of the Brazilian and Argentinean airport authorities, and will begin, on March 6, operations in Buenos Aires. The new route, which will have daily flights and nonstop, will depart from Confins, in Belo Horizonte, to the airport of Ezeiza, in the Argentine capital.

“Buenos Aires is one of the most sought-after destinations among Brazilians, and with our wide air network in Belo Horizonte, we will capillarize this operation in a way never seen before,” said company president Antonoaldo Neves. According to him, Azul works in strengthening the international network and will offer the best experiences to its clients.

The flights will be operated with the Embraer 195 jets, which have a capacity for up to 118 passengers. The daily departures of Belo Horizonte will occur at 12:15 p.m., with arrival in Buenos Aires scheduled for 3:45 p.m. The return happens at 4:25 pm, with an estimated landing at 8:05 pm in the capital of Minas Gerais.

With the endorsement of the operation, Buenos Aires will be Azul’s seventh international base – the rest are Fort Lauderdale / Miami, Orlando, Lisbon, Montevideo and Cayenne. Flights to Santa Cruz de la Sierra, Bolivia, have already been requested, also scheduled to begin in March this year.