Brazilian President Jair Bolsonaro repeated on Monday that he is considering privatizing state-run oil company Petrobras and a Senate leader said studies were already underway regarding the dilution of the government's share in the firm, news that helped boost the company's shares over 7%.
Latin American countries are increasingly turning to hiking taxes and tariffs aimed at the aviation sector, even as it struggles to recover amid the coronavirus pandemic, which will see it post losses in the coming years, the industry's main trade body said on Monday.
Getting standardized rules for international travelers amid the coronavirus pandemic is the biggest hurdle for Latin American airlines, with their recovery threatened by a lack of consensus among health authorities, industry leaders said on Sunday.
Spain plans more flights this winter than before the pandemic as an incipient recovery buoys hard-hit airlines, although surging fuel prices are a concern, the head of the country's ALA airline association said on Friday.
Two major U.S. airlines and the White House said they do not think the Biden administration's executive order mandating federal contractors require employee vaccinations by Dec. 8 will impact holiday travel or result in employees leaving.