Articles tagged “brazil”

Brazil’s Airlines Struggle to Keep Up With Rising Fuel Prices

Brazil’s Airlines Struggle to Keep Up With Rising Fuel Prices

Vinícius Andrade and Fabiola Moura, Bloomberg

We keep hearing Brazil's economy is coming back. But many of the country's airlines are not racking up profits. The problem? They make their revenue in local currency, but many of their costs and much of their debt is in U.S. dollars. And the Brazilian currency has been losing significant value against the dollar.

2 months ago

How These Currency Fluctuations Will Boost Tourism This Summer

How These Currency Fluctuations Will Boost Tourism This Summer

Ben Bartenstein, Bloomberg

It's the upside to currency fluctuations. While the local economies suffer, for the most part, when the value of the currency drops, it does make those locations more attractive to foreign travelers because of exchange rates. Here's hoping for a robust summer vacation season.

3 months ago

Gol’s CEO Remains Optimistic Despite Choppiness in the Brazilian Market

Gol’s CEO Remains Optimistic Despite Choppiness in the Brazilian Market

Christiana Sciaudone and Julia Leite, Bloomberg

Airline CEOs are paid to be optimistic even when their stock price drops 20 percent in a short period. But there are reasons to believe Brazil's Gol will bounce back, and that this will be a short-term blip.

4 months ago

Startup Grabr Enables Travelers to Become Couriers for Pay

Startup Grabr Enables Travelers to Become Couriers for Pay

Christiana Sciaudone, Bloomberg

Grabr, a startup, lets globetrotters make spare cash by ferrying electronics, makeup, and other goods for others. The service is gaining traction in countries like Brazil. But is everyone paying the appropriate taxes and duties along the way?

5 months ago

Brazil Open Skies Deal Is Great But Incomplete Without a Visa Waiver Program

Brazil Open Skies Deal Is Great But Incomplete Without a Visa Waiver Program

Dan Peltier, Skift

Do travelers care more about cheaper airfares or not having to schlep to a consulate, pay for a visa, and wait weeks or months for it to arrive? Many travel brands would say visa waivers are more important, and many travelers would agree. The U.S. doesn't seem to be in the business lately of making it easier for travelers to visit, visa waiver program aside.

5 months ago

Norwegian Air’s Flights to Brazil Highlight Latin America Focus in 2018

Norwegian Air’s Flights to Brazil Highlight Latin America Focus in 2018

Carolina Millan and Jorgelina do Rosario, Bloomberg

Norwegian Air has an ambitious agenda in Latin America. In addition to the flights to Brazil, Norwegian is flying to Argentina, where it will have a robust domestic route network, as well, despite regulatory challenges.

5 months ago

Brazil’s Senate Approves New Open Skies Agreement With United States

Brazil’s Senate Approves New Open Skies Agreement With United States

Samy Adghirni, Bloomberg

Someday, this Brazil-United States Open Skies agreement may spur many new flights between the two countries. But Brazil's economy is still not thriving, so even when route restrictions are relaxed, airlines may not rush to add new capacity.

6 months ago

Tour Operators and Attractions Try to Thwart Animals as Selfie Props in the Amazon

Tour Operators and Attractions Try to Thwart Animals as Selfie Props in the Amazon

Peter Prengaman and Beth J. Harpaz, Associated Press

Kudos to Instagram, TripAdvisor, wildlife-protection groups and tour operators for attempting to clamp down on tourists who think nothing of abusing animals so the travelers can get a cheap selfie to share. It is an uphill battle, though.

8 months ago

Rio de Janeiro’s Neighborhood Tourism Is Taking a Hit From Rising Violence

Rio de Janeiro’s Neighborhood Tourism Is Taking a Hit From Rising Violence

Renata Brito, Associated Press

Slum tourism has always been a complicated subject: Are rich visitors exploiting or helping the local communities? In Rio de Janeiro, this moral question is becoming secondary to concerns about safety.

9 months ago

Brazil Ridesharing Battle Heats Up With New Restrictions Likely

Brazil Ridesharing Battle Heats Up With New Restrictions Likely

Sarah DiLorenzo, Associated Press

Tension is high in Brazil as legislation hamstringing ridesharing companies is under debate. Enhanced protections for drivers are necessary, but widespread restrictions could hurt the hundreds of thousands of drivers who make a living from Uber and Cabify.

10 months ago

Uber Faces Challenge to Business Model in Brazil

Uber Faces Challenge to Business Model in Brazil

Samy Adghimi and Mario Sergio Lima, Bloomberg

Brazil's Senate is set to make it harder for ridesharing services to operate, representing a considerable blow to Uber's global growth agenda. It's a hurdle that Uber and competitors now face in locales as disparate as the UK and now Brazil.

10 months ago

Kayak Acquires Assets of Struggling Brazilian Metasearch Company Mundi

Kayak Acquires Assets of Struggling Brazilian Metasearch Company Mundi

Sean O'Neill, Skift

Skyscanner had been sniffing around Brazil's homegrown metasearch leader Mundi and checking its books. Kayak appears to have swooped in to shore up market share.

1 year ago