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Brazil: air transportation market liberalization postponed.
From:
South American Business Information
| Date:
December 16, 1999
| COPYRIGHT 1999 COMTEX News Network, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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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 ...