Airlines find Haddad and try to lower prices – 01/20/2023 – Market

Directors of the airlines Azul, Gol, Latam and Voepass had a meeting this Friday (20) with the Minister of Finance, Fernando Haddad, in São Paulo. The meeting served to initiate a dialogue between the sector and the new government.

Companies are seeking support to try to lower the price of aviation kerosene, which represents about 40% of the value of tickets.

“We haven’t made specific demands yet, it was more of a meeting to start a dialogue, without debating technical issues”, said Eduardo Sanovicz, president of Abear (Brazilian Association of Airlines), also present at the meeting.

Sanovicz, said that the sector’s total passengers tripled in a decade, in the 2000s, after there was an end to the demand for fixed prices for routes, the so-called tariff freedom. “Is it possible to fold [o número de passageiros] in another decade, but it is essential to return to the operating cost conditions we already had”, he said, referring especially to the price of fuel, the more favorable exchange rate and the general conditions of the economy.

Companies and ministry representatives agreed to hold bimonthly meetings to discuss sector issues. One of the points under debate is that the price of QAV (Aviation Kerosene) in Brazil follows the international quotation of the sale value abroad, which exposes the price to exchange rate variations and external shocks.

This Friday afternoon, Haddad also had a meeting scheduled with the president of Nubank, David Vélez.