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Brazil ABEAR president comments on prospects for Brazilian aviation by 2020; can double current pax

22-Mar-2013 10:34 AM

Brazilian Association of Airlines (ABEAR) president Eduardo Sanovicz commented (21-Mar-2013) on the prospects for Brazilian aviation by 2020. Mr Sanovicz said, "We saw the number of passengers traveling by air triple between 2002 and 2012. This was a victory for all Brazilians. We can double the current volume by 2020, [through] new users, diversifying networks, increasing the movement of goods and people and generating more business and jobs. But for that...we need to solve critical questions for the industry...[such as] the price of aviation fuel, which represents more than 40% of airline costs, and regulatory aspects, in addition to making the necessary investments in infrastructure." [more - original PR - Portuguese]