Airlines
Virus Crisis Halts Recovery from Lean Years in Latin America
The spread of Covid-19 has hit airlines in Brazil and Colombia particularly hard.

The coronavirus crisis has aborted Latin American airlines’ burgeoning recovery, evidenced most prominently perhaps by a cut in passenger flights by 90 percent in Brazil and by 100 percent at the region’s oldest and second-largest airline, Colombia’s Avianca. As Brazil started emerging from the country’s longest modern recession months ago, the three surviving major airlines—Latam, Gol, and Azul—fought for shares of the recovering market, quarreled for coveted slots, and bought smaller competitors to extend service to new markets.


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