Brazil Ready to Cut Airfares Up to 80%

Gol plane in Brazilian airport Brazil's National Civil Aviation Agency, which controls commercial flights policy in the country, announced it will authorize discounts of up to 80% on plane tickets to destinations within South America.

The decision which became effective Sunday, June 1st, includes flights leaving from Brazil to any of the other twelve countries in the region: Argentina, Uruguay, Chile, Paraguay, Bolivia, Peru, Ecuador, Colombia, Venezuela, Guyana, French Guyana and Suriname.

According to the agency, the move is the first step in the strategy to make ticket fares more flexible on all international flights leaving from the country, and the intention in the near future is to extend the policy to destinations in North America, Europe, Asia, Africa and Oceania.

The first stage of the policy implementation started last March when the government agency authorized air companies to offer discounts of 30 to 50%. Brazilian airlines welcomed the decision, but they did not announce any immediate change in the current ticket pricing policy.

Gol Linhas Aereas, one of the main airlines in the country, praised the decision saying it benefits mainly Brazilian passengers.

Meanwhile, its main competitor in the local market, TAM Linhas Aereas, stated in an official release that for the moment it will retain the current level of discounts.

Mercopress

Tags:

You May Also Like

Brazil Exports Shatter All Official Targets

During the first two months of this year, Brazil’s exports amounted to US$ 15 ...

‘A Serious Country:’ Brazil Turns Investment Grade, Bonds Explode

Ibovespa, Brazil's stock exchange index, jumped to a record on Wednesday, April 30, after ...

A New Push in Brazil for Conservation and Ecotourism

Brazil’s Ministry of Environment (MMA) announced, March 18, in São Paulo’s Ribeira Valley, the ...

Brazil Wins Another Round Against EU Trade Barriers

Brazil gained another victory in its war against protectionist barriers erected by the European ...

Drought Leads Brazil to Increase Bolivian Gas Imports to Maximum Capacity

Persistent drought in the South is forcing Brazil to increase the amount of natural ...

Brazil Confident It Will End Hunger in 10 Years

According to a report from UN agencies, Brazil has already reached 78% of its ...

Looking for Love, Enlightenment and Justice in the Land of Brazil – Chapter I

I had a love so strong that nothing else mattered. Carissia was more important ...

Lula Tells Brazil Is Better Prepared to Find the G-Spot and Other Irreverences

Brazilian President Luiz Inácio Lula da Silva on Friday sounded more like an R-rated ...

Brazil Earmarks US$ 4 Bi to Deal with 7.2 Bi Houses Deficit

This year, Brazil’s federal government will invest US$ 4 billion (11 billion reais) in housing ...

U.S. Consumer Price Hike Depresses Brazil Market

Brazilian and Latin American equities gave back most of the gains earned yesterday. A ...