Build it and the planes will come

Posted by Pioneer Land Group in Economy.

In a further boost to property owners in Brazil and those looking to visit on holiday, the National Civil Aviation Authority (ANAC) has recently granted permission for two new airlines to become operational by the end of this year. The announcement by Agencia Brasil will be seen as welcome news to the aviation industry as the continued passenger traffic growth and strong economic performance has meant the current demand on existing airlines has started to strain resources.

With the economy forecast to continuing growing at 4% over the next 20 years and a tourism industry that has seen a fivefold increase in international arrivals over the past 15 years, there is a very real need to increase the availability of domestic flights in Brazil. This giant country is home to 31 per cent of all Latin America’s GDP and is a major hub for transport in South America and beyond.

The two new airlines Sol Linhas Aereas and Nordeste Aviaco Regional Linhas Aereas have both recently been given a licence to schedule flights within Brasil and now await permission before they can start operating.

In further positive news American Airlines and GOL Airlines intend to sign a code share deal, which will see an increase in availability and variety of routes between the states and Brazil, a great boost for all those thinking of investing in the Brazil from the US.

To read about this story in more depth please visit: http://www.estatesbrazil.com/2009/09/new-low-cost-airlines-in-brazil-to.html

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