Brazil: air transportation market liberalization postponed.

From: South American Business Information | Date: December 16, 1999 | Copyright information

The liberalization of the Brazilian air transportation market was postponed to next year. The federal government, however, still has not decided when an air transportation agency will be created to rule thesector. At present the national flight offer is divided as follows: Varig group (Varig, Rio Sul and Nordeste), 38%; TAM group (TAMMeridionais, TAM Regional and TAM Express), 23%; Vasp, 19%; Transbrasil ...