Expansion of Air Services to Brazil from US
Sunday, August 3, 2008
The U.S. Department of Transportation lifted the Restrictions in the number of people traveling between Brazil and the US, it has been reported.
According to the Wall Street Journal's Market Watch, U.S. and Brazil have agreed to permit an unlimited number of passenger airlines to fly between their countries. They have agreed to remove the prior limit of four carriers each. The new agreement between the countries will result in 50% increase in passenger flights between the countries and will also allow for the expansion of cargo services.
The agreement will allow additional weekly flights and any number of U.S. or Brazilian airlines can now serve the market. The U.S. and Brazilian carriers for the first time will be able to offer various services on a code-share basis with their third-country partner airlines.
Under the new accord, the number of weekly cargo flights would grow to 35 from 24 right away, and by 2010 it will increase to 42. U.S. Secretary of Transportation, Mary Peters has stated that this agreement will facilitate air carriers meet the increasing demand for passenger and cargo services between the United States and Brazil. The significant liberalization measures in the air transportation in Brazil will strengthen and inflate the already vibrant tourism sector and property market.
As a result of more flights, air passengers will benefit from more frequent and affordable access to popular Brazilian tourist destinations. Rental property owners in Brazil should find it easier with the increased demand expected from US tourists.
Social BookmarkingAccording to the Wall Street Journal's Market Watch, U.S. and Brazil have agreed to permit an unlimited number of passenger airlines to fly between their countries. They have agreed to remove the prior limit of four carriers each. The new agreement between the countries will result in 50% increase in passenger flights between the countries and will also allow for the expansion of cargo services.
The agreement will allow additional weekly flights and any number of U.S. or Brazilian airlines can now serve the market. The U.S. and Brazilian carriers for the first time will be able to offer various services on a code-share basis with their third-country partner airlines.
Under the new accord, the number of weekly cargo flights would grow to 35 from 24 right away, and by 2010 it will increase to 42. U.S. Secretary of Transportation, Mary Peters has stated that this agreement will facilitate air carriers meet the increasing demand for passenger and cargo services between the United States and Brazil. The significant liberalization measures in the air transportation in Brazil will strengthen and inflate the already vibrant tourism sector and property market.
As a result of more flights, air passengers will benefit from more frequent and affordable access to popular Brazilian tourist destinations. Rental property owners in Brazil should find it easier with the increased demand expected from US tourists.
Labels: Buying-property, Travel
