SAO PAULO, May 10 (Reuters) – Air travel in Brazil will grow between 4% and 5% in 2019, the president of industry group ALTA said on Friday, despite challenges facing No. 4 airline Avianca Brasil, which has lost most of its fleet.
“We will feel the impact of Avianca Brasil’s crisis this quarter,” said Luis Felipe de Oliveira of the Latin American and Caribbean Air Transport Association. The carrier filed for bankruptcy protection in December and aircraft lessors repossessed dozens of planes in April.
Before that, Brazilian air traffic had grown 4% in the first quarter from a year ago, according to civil aviation authority ANAC, trailing the 5% growth in Latin America reported by ALTA.
“Of course, this is not what we want,” he