Airlines in Brazil, not long ago a global air transport bright spot, are in a “dire” situation requiring urgent government action, IATA DG and CEO Tony Tyler said. Speaking at the Latin American and Caribbean Air Transport Association (ALTA) Airline Leaders Forum in San Juan, Puerto Rico, Tyler said Brazilian airlines lost a combined $500 million in just the first half of 2015. “The problems facing Brazil’s carriers are threefold: the economy is in deep recession ...

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