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Airfare Regulations Relaxed

By Marcela Canavarro, Contributing Reporter

RIO DE JANEIRO - Brazil's national airlines were once renowned for charging prohibitively high prices for the average person's budget but have been dropping slowly in recent years. Thankfully, that trend looks set to continue under new regulations planned for the industry.

The introduction of the "low cost, low fare" concept by Gol helped to change the Brazilian air travel sector dramatically, bringing in hitherto unseen competition and driving down prices. This coupled with a removal of the old protectionist policy of the Brazilian government designed to help the national carriers like Varig in . . .

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