IBOV 186,340.46 ▲ 1.37% IPSA 10,969.49 ▼ 0.78% IPC MEX 64,951.10 ▼ 0.24% MERVAL 2,819,323 ▲ 1.32% COLCAP 2,549.16 ▼ 0.38% BVL PERÚ 60,410.88 ▼ 0.96% USD/BRL5.18▼ 0.34% USD/MXN18.08▲ 0.17% USD/CLP972.03▼ 0.10% USD/COP3,292▼ 2.26% USD/PEN3.44▲ 0.05% USD/ARS1,525▼ 0.03% USD/UYU40.24▲ 3.55% USD/PYG5,817▲ 2.25% USD/BOB11.97▲ 0.66% USD/DOP59.30▲ 0.17% USD/CRC454.26▲ 3.19% USD/GTQ7.64▲ 3.18% USD/HNL26.86▲ 0.43% USD/NIO36.62▲ 0.34% USD/VES856.92▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.72▲ 2.14% EUR/BRL5.87▼ 1.04% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 186,340.46 ▲ 1.37% IPSA 10,969.49 ▼ 0.78% IPC MEX 64,951.10 ▼ 0.24% MERVAL 2,819,323 ▲ 1.32% COLCAP 2,549.16 ▼ 0.38% BVL PERÚ 60,410.88 ▼ 0.96% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Latin America Brazil

Argentine Government Bans Sale of All Commercial Flights Until September

By · April 29, 2020 · 2 min read

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RIO DE JANEIRO, BRAZIL – Argentina has taken one of the toughest travel restrictions measures in the world, in an attempt to halt the spread of the coronavirus in the country, by completely banning the sale of airline tickets since Monday, April 27th. Already severely affected by the crisis, the aviation industry should be put under even more pressure by this new measure.

Aerolineas Argentinas, the country's largest airline, is a state-owned company and can survive the crisis as long as the government is able to subsidize its spending.
Aerolineas Argentinas, the country’s largest airline, is a state-owned company and can survive the crisis as long as the government is able to subsidize its spending.
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The decree was signed by the Argentine National Civil Aviation Administration and runs until September 1st. The purchase and sale of commercial flights – from, to, or within Argentina – is strictly prohibited.

Although other South American countries have also imposed flight restrictions or temporary bans, none have extended their restrictions this far.

“The issue was that airlines were selling tickets with no authorization to travel to Argentine soil,” a spokesman for President Alberto Fernandez said.

According to Reuters, the restriction on ticket sales in Argentina places greater pressure on Latam’s operation, given the significant share of the Argentinian market in Chilean-Brazilian business.

The ban is also a major blow to the operations of the smaller, low-cost companies, such as FlyBondi, in the domestic market, and SkyAirlines and JETSmart, which fly internationally.

On the other hand, Aerolineas Argentinas, the country’s largest airline, is a state-owned company and can survive the crisis as long as the government is able to subsidize its spending.

Coronavirus in Argentina

Argentina has had its borders closed since March and has enforced a strict model of social distancing and isolation, which has established that the population will be able to have brief recreational outings for a maximum of one hour a day, going not more than 500 meters away from home.

Last Sunday, April 26th, President Alberto Fernandez extended the closing of the country’s borders and preventive social isolation until May 10th. According to the latest government survey, Argentina has recorded 4,000 confirmed cases and only 197 deaths since the outbreak began.

Source: Agência Brasil

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

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