Brazil
News

Brazil airport sector registers growing passenger numbers

Bnamericas Published: Wednesday, October 05, 2022
Brazil airport sector registers growing passenger numbers

Brazil’s airport sector is on a recovery path, as Q2 revenues of major airlines Azul, Gol and Latam reached 11.8bn reais (US$2.29bn) combined, up 195% year-on-year, according to sector regulator ANAC.

On the downside, costs also increased, by 95.7%, totaling 12.3bn reais, driven by rising fuel prices.

The airport sector was heavily hit during the pandemic, as states restricted movement to prevent the spread of coronavirus, starting in the first quarter of 2020.

The restrictions were gradually lifted, but the volume of passengers has been slow to return to pre-pandemic levels, as many companies digitized, requiring fewer trips. In August, however, ANAC registered 7.28mn domestic passengers, compared to 5.5mn a year ago.

In August 2019, before the restrictions were imposed, 7.88mn domestic passengers were registered.

The number of international flights, albeit growing, is still far from pre-pandemic levels. In August, 1.43mn passengers were registered, up from 390,280 a year ago, but below the 2.04mn registered in August 2019.

Subscribe to the most trusted business intelligence platform in Latin America. Let us show you our solutions for Suppliers, Contractors, Operators, Government, Legal, Financial and Insurance.

Subscribe to Latin America’s most trusted business intelligence platform.

Other projects in: Infrastructure (Brazil)

Get critical information about thousands of Infrastructure projects in Latin America: what stages they're in, capex, related companies, contacts and more.

  • Project: TRACKS
  • Current stage: Blurred
  • Updated: 2 years ago

Other companies in: Infrastructure (Brazil)

Get critical information about thousands of Infrastructure companies in Latin America: their projects, contacts, shareholders, related news and more.

  • Company: Consorcio SSA
  • The SSA Consortium is a partnership formed by Saneamento Construção e Comercio Ltda, Sahliah Engenharia Ltda and Arco Projects e Construções Ltda. for the implementation of the ...