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Brazil bus company Itapemirim braves long odds to launch airline


Brazil bus company Itapemirim braves long odds to launch airline
Reuters
1 hr ago
SAO PAULO, May 17 (Reuters) - Brazilian bus company Itapemirim is launching a new airline in June, betting it can dodge the financial ruin that has grounded many rival carriers even though the land transport company just spent five years reorganizing under bankruptcy protection.
The carrier expects to have a fleet of 50 Airbus A320 planes by next year, all painted in Itapemirim s signature bright yellow color, trying to beat the odds that have led 11 airlines to fail in Brazil so far this century.
We have the intention of being the largest airline in Brazil, with all due respect to our competitors, said Sidnei Piva, president of Grupo Itapemirim, which will emerge from bankruptcy this month. ....

United Arab Emirates , Marcelo Rochabrun , Sidnei Piva , Grupo Itapemirim , Airlines Group , Gol Linhas Aereas Inteligentes , Marcelo Rochabrun Editing , Marguerita Choy , ஒன்றுபட்டது அரபு அமீரகங்கள் , சிட்னே பிவா , க்ரூபொ இடப்பேமிரீம் , விமான நிறுவனங்கள் குழு , கோல் லின்ஹாஸ் செரீஸ் ஈந்டெளிகேந்டேஸ் , மார்குரிட்டா சோய் ,