Brazil’s most lucrative airline passengers are still grounded
Business travelers are sitting out Brazil’s timid airline revival. Executives have been slow to take back to the skies, even as domestic demand growth finally resumed in March and April after 19 months of contraction. When business travelers might come back is a mystery. Economists are signaling an incipient recovery may take a while to gain steam after Brazil’s longest-ever depression. Recent and perpetual political scandals that destabilise the country aren’t helping, the economic growth outlook was cut and companies are trimming travel costs. Latam, Gol and Azul are among those whose passenger numbers have tumbled 29% since January 2015 and would benefit from corporate travelers getting back on board. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-06-14/general/brazil2019s-most-lucrative-airline-passengers-are-still-grounded
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Brazil’s most lucrative airline passengers are still grounded
Business travelers are sitting out Brazil’s timid airline revival. Executives have been slow to take back to the skies, even as domestic demand growth finally resumed in March and April after 19 months of contraction. When business travelers might come back is a mystery. Economists are signaling an incipient recovery may take a while to gain steam after Brazil’s longest-ever depression. Recent and perpetual political scandals that destabilise the country aren’t helping, the economic growth outlook was cut and companies are trimming travel costs. Latam, Gol and Azul are among those whose passenger numbers have tumbled 29% since January 2015 and would benefit from corporate travelers getting back on board. <br/>
