Specialists discuss prospects for Brazilian aviation sector in light of COVID-19 crisis
The aviation sector is going through extreme difficulties because of the COVID-19 pandemic. In addition to airlines and airports, the crisis has also been affecting travel agencies, food and catering companies, retailers, flight attendants, aircraft manufacturers and all service providers that depend on airport activities. To discuss the subject, FGV Transportes will hold a webinar called “The Brazilian aviation sector’s prospects following the COVID-19 pandemic,” on May 11, at 2:30 pm.
The airport sector is facing some worrying numbers. Demand for international flights dropped 85% between March 16 and 20, compared to the same period of last year. Over the same timeframe, demand for domestic flights fell 50%. At the moment, 90% of Gol’s aircraft and 70% of Latam’s are currently grounded. Brazil’s airports have witnessed a 90% reduction in flights and passenger movements since the beginning of the COVID-19 pandemic. Due to low demand, airlines have cancelled flights and restructured their route networks.
This situation will be debated by Juliano Noman, the president of the National Civil Aviation Regulatory Agency (ANAC); Miguel Dau, the director of operations of Guarulhos International Airport; and Eduardo Sanovicz, the president of the Brazilian Airline Association (ABEAR). The moderators will be Marcus Quintella, the coordinator of FGV Transportes; and FGV Transportes consultant Laíne Meira.
The guests will also discuss ways to prevent the Brazilian aviation sector from collapsing. Another subject that will be addressed is the need for governments and the industry to take coordinated emergency measures to stave off a global catastrophe in the airline industry. According to an estimate by the International Air Transport Association (IATA), the operating revenues of airlines around the world are set to fall by up to US$113 billion in 2020 due to the impact of COVID-19.
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