LATAM Airlines expands frequency of Brazil international flights; Air France adds route
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 16 2024
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Should l Buy ?
Source: Yahoo Finance
- LATAM Airlines Expansion: LATAM Airlines will increase the frequency of seven international routes connecting Brazil to the United States, Europe, and Africa.
- Increased Flights: Starting October 27, LATAM will increase flights from Sao Paulo to Orlando, Los Angeles, Johannesburg, Milan, Rome, Madrid, and Lisbon by 38% compared to the previous year.
- Aircraft Operations: All flights will be operated by widebody aircraft seating up to 410 passengers, including Boeing 777 and 787.
- Air France KLM Expansion: Air France KLM also announced adding a new route to Brazil, connecting Paris and Salvador three times a week starting late October.
- Market Optimism: Carriers are optimistic about the Brazilian market despite ongoing aircraft shortages, with both LATAM and Air France KLM increasing operations in the country.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
