Brazilian crisis?
Aug 11, 2016, 3:42 pm
#1
Original Poster
Join Date: Jan 2015
Location: MAD
Programs: LATAMPass Gold, AA Gold, DL Silver Medallion
Posts: 456
Brazilian crisis?
I just updated the wiki to reflect two more cancellations in Brazilian routes: GRU-AGT after September 27th, 2016 and BSB-PUJ after February 1, 2017. That comes in the wake of the JFK-YYZ cancellation.
I'm wondering if it is because the brazilian markets are so low after the last market collapse, or are they repositioning the whole network to serve the markets with higher demands for those routes (and forcing brazilians to connect in other hubs)?
I'm wondering if it is because the brazilian markets are so low after the last market collapse, or are they repositioning the whole network to serve the markets with higher demands for those routes (and forcing brazilians to connect in other hubs)?
Aug 12, 2016, 9:23 am
#2
Join Date: Feb 2005
Location: Toronto (YYZ)
Posts: 6,279
Brazilian economy is in a complete nose dive and with ZIKA fears...
These are just a few of the CANCELLED routes recently announced.
Air Canada YYZ-GIG
Lufthansa MUC-GRU
Korean Air LAX-GRU
American Airlines MIA-SSA
American Airlines MIA-REC
These are just a few of the CANCELLED routes recently announced.
Air Canada YYZ-GIG
Lufthansa MUC-GRU
Korean Air LAX-GRU
American Airlines MIA-SSA
American Airlines MIA-REC
Aug 13, 2016, 7:31 am
#3
Join Date: Jun 2008
Programs: TK*G (E+), IHG Plat Ambassador
Posts: 7,884
http://www.poandpo.com/earnings/latam-airlines-group-posts-q2-net-loss-of-92-million-1382016484/
They lost a lot of money in Q2. Blaiming it on BR...
They lost a lot of money in Q2. Blaiming it on BR...
Last edited by TPJ; Aug 13, 2016 at 8:01 am Reason: Correcting link
Aug 16, 2016, 1:17 am
#4
Join Date: Jun 2012
Posts: 97
and Singapore Airlines SIN-BCN-GRU