War in Iran Strains Brazilian Airlines' Finances
Key takeaways
- However, the group warns of growing cancellations and a stronger impact on regional aviation.
- A survey by Abear using data from Brazil’s National Civil Aviation Agency shows a 3.3% decline in projected domestic flights for May, falling from 2,193 to 2,121 per day — a reduction of 2,225 routes during the month.
- "Premium markets absorb more, others less.
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The Brazilian Association of Airlines (Abear), which represents Gol Linhas Aéreas, Azul Linhas Aéreas and LATAM Airlines, says there is no risk of aviation fuel shortages in the coming months, since most jet fuel is produced in Brazil. However, the group warns of growing cancellations and a stronger impact on regional aviation.
A survey by Abear using data from Brazil’s National Civil Aviation Agency shows a 3.3% decline in projected domestic flights for May, falling from 2,193 to 2,121 per day — a reduction of 2,225 routes during the month. Association president Juliano Noman warned that higher ticket prices could weaken demand.
"Premium markets absorb more, others less. There’s a limit. It simply becomes unfeasible," he said.