Artificial barriers are holding back the aviation industry in Brazil, IATA has said.
The Importance of Air Transport in Brazil study—conducted by Oxford Economics on behalf of IATA—has shown aviation and aviation-induced tourism supports 1.1 million jobs in Brazil and contributes $32.9bn to GDP. However, this equates to just 1.4% of GDP overall.
Peter Cerda, IATA’s Regional Vice President for the Americas, says that by adopting new policies, Brazil could reap even larger dividends from aviation.
Removing the artificial barriers that are holding back the industry in Brazil is paramount
The lack of progress in the country’s aviation infrastructure is handicapping growth and detracting from the customer experience.
The complicated nature of Brazil’s entry visa requirements also affects visitor numbers, while unorthodox fuel policies increase operating costs by $560 million annually.
“Removing the artificial barriers that are holding back the industry in Brazil is paramount,” added Cerda. “Air transport contributes 3% of GDP in Chile, 3% in Ecuador and 2.1% in Colombia. At just 1.4% of GDP in Brazil, there is considerable room for improvement.”