- In-depth report assesses aviation market development in Brazil and
examines the growth indicators for the long-term and whether they are
OAG (http://www.oag.com ), the global leader in aviation intelligence and a UBM
Aviation brand, today released the latest in its series of Aviation Market
Reports. Having suggested earlier in the year that "US Carriers should look to
the South for growth (http://www.oagaviation.com/americas-analysis )", OAG
investigates further with a closer look at the opportunities presented by the
aviation market in Brazil - this new report
how tapping into new oil & gas reserves is fuelling aviation as well as GDP
growth in South America's largest market.
The discovery of large reserves of oil & gas and high oil prices has driven
economic and GDP growth in Brazil. This growth is witnessing the rise of a
wealthier middle-class, with higher social expectations and an increased
appetite for air travel. As a result, air travel in Brazil is expected to
double over the next decade making it an attractive destination for foreign
airline operators and investors.
The aviation market in Brazil
(http://www.oagaviation.com/Solutions/Reports-Guides/brazil/brazil )has already
seen capacity growth of 39% over the last five years, the majority of which has
been taken on by the expanding Low Cost Carrier operators. Today the commercial
aviation market split (between international and domestic traffic) is heavily
weighted towards the domestic at almost 89%, which should be unsurprising given
the context that as the fifth largest country in the world, and only slightly
smaller in size than the US, Brazil covers nearly half of the South American
continent. With the 2014 soccer World Cup and 2016 Olympics in the bag, the
optimism for continued growth in Brazil's domestic and international services
has solid foundations.
"The exceptional growth of the Low Cost Carrier sector across Latin America and
the Caribbean continues to capture everybody's attention," said Ron Weiland, VP
Americas OAG. "As we saw in the early days of the US market, the growing
affluence of the middle-classes creates a huge demand for air travel. The
aviation market in Brazil represents a viable and sustainable investment
opportunity for the long-term to those who venture south."
The detailed review of the continued opportunities for future alliances and
growth in Brazil's burgeoning aviation market is available to download now at
Notes to Editors:
-- OAG, a UBM Aviation brand, is the trusted source for aviation information
and analytical services. Our leading aviation databases unrivalled in
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aviation industry operations. For more information, visit
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leading aviation solutions. Our instantly recognisable brands provide
the data, analysis, events, media and consultancy services that drive
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businesses. For more information, visit http://www.ubmaviation.com.
SOURCE: UBM Aviation
CONTACT: Andrew Sibley,
Corporate Communications, UBM Aviation,
+44 (0)1582 695166,