Passaredo Linhas Aéreas is a Brazilian regional airline based in São Paulo. Passaredo has a fleet of Embraer regional jet aircraft which operate to destinations across Brazil. The airline also offers aviation industry-related services, with a 7,000 sqm hangar for aircraft maintenance, storage, training for cabin crews and VIP room for passengers.
Location of Passaredo main hub (Ribeirao Preto Leite Lopes Airport)
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Consolidation in the fast-growing Brazilian market has taken another major step with Gol agreeing to acquire smaller low-cost carrier Webjet for BRL96 million (USD61 million). The deal follows several moves over the last two years by Gol’s archrival TAM as Brazil’s two largest airline groups battle for the distinction of domestic market leader.