Brazil Lower House Votes to Allow Foreign Airlines in Domestic Market

The upper chamber is expected to pass the measure, which would then go into effect immediately.

By Newsfeed/Reuters

RIO DE JANEIRO, BRAZIL - Brazil’s Chamber of Deputies voted on Tuesday to allow foreign-controlled airlines to operate domestic flights in Latin America’s largest economy, opening the door to more competition in an increasingly concentrated market.

The chamber approved the original text of a Provisional Measure issued by former President Michel Temer in December that removed the twenty percent limit on foreign ownership of Brazilian airlines.

The approved text which will be sent to the Senate, also included a controversial provision ordering domestic airlnes to allow all passengers one free piece of luggage up to . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?