Visit Us On TwitterVisit Us On FacebookVisit Us On Google PlusVisit Us On PinterestVisit Us On YoutubeVisit Us On LinkedinCheck Our Feed
CLOSE

Do You Know The World’s Fourth Largest Passenger Traffic Market..? It Is Brazil!

Brazil Is Going To Need 1,060 New Aircraft…

  • According to the latest Airbus Global Market Forecast (GMF), Brazilian airline carriers will need 1,060 new aircraft between 2012 and 2031. The 700 single-aisle, 310 twin-aisle and 50 very large aircraft forecasted have an estimated current market value of $160.7 billion and are expected to help meet the demand of domestic and foreign carriers as well as addressing the country’s rapidly growing air travel market.
  • With a GDP currently growing above the world average, socioeconomic indicators predict the country’s economy to more than double over the next 20 years. The Brazilian domestic air traffic market, has doubled since 2006, helping make the country, the fourth largest passenger traffic market worldwide, following the US, China and Japan.
A380 1 Brazil

Brazil: International Traffic Has Grown 34%…

  • International traffic has grown by 34 percent since 2009, with foreign carriers largely making up the increased market share. As a key destination for international tourism and one of the world’s top 10 metropolitan areas, more than a third of long-haul traffic to Latin America arrives through Brazilian airports, making Sao Paulo and Rio de Janeiro the region’s major gateways. To address increased demand, very large aircraft, such as the A380, are now poised to meet international air traffic requirements needed to serve long-haul flights to Brazilian airports.

  • “Each day, Brazil‘s airports becomes a stronger candidates for the A380,” said Rafael Alonso, Executive Vice President of Airbus for Latin American and the Caribbean. “Capable of carrying 525 passengers in a three-class configuration, the A380 is the best solution to alleviate the country’s increasing air traffic congestion. Because of its unbeatable unit costs and performance, the A380 should be the clear aircraft choice for airlines operating into Brazilian airports, especially in light of the upcoming World Cup and Olympic Games.”
A350 XWB FA 1 Brazil

Tourism Industry In Brazil

According to the World Travel and Tourism Council, Brazil’s tourism industry is and will remain an important contributor to the economy, with more than 5 percent contribution to the country’s GDP and nearly 3 percent contribution to its employment.

According to the Airbus GMF, in the next 20 years Latin American airlines will require more than 2,100 new aircraft, including 1,660 single-aisle, 420 twin-aisle and 40 very large aircraft, estimated at approximately $242 billion. Globally, by 2031 some 28,200 new aircraft valued at $4.0 trillion will be required to satisfy future robust market demand.

With more than 700 aircraft sold and a backlog of almost 350, over 450 Airbus aircraft operate throughout Latin America and the Caribbean. In the last 10 years, Airbus has tripled its in-service fleet, while delivering more than 60 percent of all aircraft operating in the region.

Brazil

English: BRICS counties. BRICS - Brazil, Russi...

English: BRICS counties.  (Photo credit: Wikipedia)

BRICS eye forex reserves pool of up to $240 bn

Business Standard, on Fri, 09 Nov 2012 21:53:30 -0800

Leading emerging market countries are discussing pooling up to $240 billion in foreign exchange reserves to protect themselves from short-term liquidity pressures, according to documents outlining plans by the five BRICS nations. BRICS countries China 

BRICS – Wikipedia, the free encyclopedia

BRICS is the title of an association of leading emerging economies, arising out of the inclusion of South Africa into the BRIC group in 2010. As of 2012, the 

Russia, India And China (BRIC) Definition | Investopedia

An acronym for the Brazilian economy plus the economies of Russia, India and China combined. The general consensus is that the term was first prominently used in a Goldman 

Enhanced by Zemanta

What Next?

Related Articles

Social Media Integration Powered by Acurax Wordpress Theme Designers