• Airline CEOs explain the extreme conditions that make doing business in Brazil 'not for the faint of heart'

    1 month ago - By Business Insider

    Brazil is one of the largest and most important markets in the world for airlines .
    It's a market that has doubled in size over the past decade
    And yet its airlines have long complained of operating in difficult business conditions.
    According to the founder and CEO s of its three major Brazilian airlines - Gol , Azul , and Avianca Brazil , the country's tax structure is a major stumbling block that holds back growth.
    Gol Airlines CFO Richard Lark said the financial bite the government can take off an airline through its entire value chain can be as much as 50%.
    Brazil is one of the largest...
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