IBOV 172,758.89 ▼ 0.35% IPSA 10,877.68 ▼ 0.18% IPC MEX 66,125.27 ▼ 0.74% MERVAL 3,281,489 ▲ 1.79% COLCAP 2,309.56 ▲ 0.49% BVL PERÚ 56,620.35 — — USD/BRL5.08▼ 0.29% USD/MXN17.39▼ 0.21% USD/CLP933.02▼ 0.16% USD/COP3,236▼ 1.01% USD/PEN3.40▲ 0.14% USD/ARS1,477▼ 0.30% USD/UYU40.11▲ 1.23% USD/PYG6,045▲ 1.76% USD/BOB10.80▲ 2.69% USD/DOP58.02▲ 0.31% USD/CRC446.12▲ 1.15% USD/GTQ7.62▲ 2.33% USD/HNL26.74▲ 1.61% USD/NIO36.62▲ 0.84% USD/VES735.39▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.79▲ 0.73% USD/TTD6.73▲ 1.11% EUR/BRL5.79▼ 1.16% BRENT 91.49 ▲ 2.54% WTI 84.61 ▲ 1.66% IRON ORE 161.91 — — COPPER 6.54 ▲ 3.84% GOLD 4,085 ▲ 1.85% SILVER 59.41 ▲ 4.58% SOY 1,218 ▼ 0.65% CORN 472.25 ▲ 5.06% WHEAT 669.00 ▼ 0.74% COFFEE 326.70 ▼ 2.30% SUGAR 14.90 ▲ 0.54% ORANGE JUICE 147.80 ▲ 0.27% COTTON 80.03 ▲ 3.44% COCOA 5,582 ▲ 1.12% BEEF 223.45 ▼ 1.36% CATTLE 345.20 ▼ 1.93% LITHIUM 69.10 ▲ 3.26% PETR4 41.52 ▲ 0.90% VALE3 72.04 ▲ 0.15% ITUB4 42.35 ▲ 0.12% BBDC4 18.43 ▲ 0.11% ABEV3 15.82 ▲ 0.19% BBAS3 20.45 ▲ 1.39% B3SA3 15.03 ▼ 1.51% WEGE3 42.73 ▼ 0.93% PRIO3 58.58 ▲ 1.54% SUZB3 41.81 ▼ 0.19% RENT3 36.82 ▼ 1.79% AZZA3 17.76 ▼ 2.26% CSAN3 3.76 ▼ 1.57% RAIZ4 0.27 — 0.00% PCAR3 2.74 ▲ 5.38% GMAT3 3.83 ▼ 0.52% PSSA3 53.26 ▼ 1.73% CVCB3 1.15 ▲ 6.48% POSI3 3.77 ▲ 1.89% SLCE3 13.67 ▲ 0.74% NATU3 8.70 ▲ 0.81% BRKM5 5.89 ▼ 0.84% RANI3 7.87 ▼ 1.50% CSNA3 5.10 ▲ 0.59% CMIN3 5.44 ▲ 0.93% USIM5 8.31 ▲ 1.84% GGBR4 23.63 ▲ 0.04% ENEV3 25.26 ▼ 1.52% CPFE3 46.30 ▼ 0.04% CMIG4 10.99 ▼ 0.27% EQTL3 38.48 ▼ 2.06% LREN3 13.21 ▼ 0.75% VIVT3 35.59 ▼ 0.22% RAIL3 13.33 ▼ 1.77% KLABIN 17.43 ▼ 0.29% RAIA DROGASIL 18.44 ▼ 1.34% RDOR3 33.74 ▼ 4.82% HAPV3 11.26 ▼ 2.51% FLRY3 16.38 ▼ 1.09% SMTO3 15.41 — 0.00% UGPA3 31.48 ▼ 0.69% VBBR3 33.49 ▼ 1.82% BBSE3 41.17 ▲ 0.29% BPAC11 55.50 ▼ 0.61% CURY3 29.67 ▼ 1.72% AERI3 2.04 ▼ 1.45% VIVARA 21.44 ▼ 2.37% COMPASS 24.41 ▼ 0.77% VAMOS 3.14 ▲ 1.62% SANB11 27.31 ▲ 1.11% ASAI3 8.17 ▲ 0.37% SBSP3 28.47 ▼ 1.76% WALMEX 49.36 ▼ 0.04% GMEXICO 205.07 ▲ 2.11% FEMSA 226.89 ▼ 0.04% CEMEX 21.99 ▲ 0.50% GFNORTE 182.36 ▲ 1.31% BIMBO 59.32 ▼ 0.30% TELEVISA 9.82 ▲ 1.13% AMX 22.73 ▼ 0.04% GAP 379.61 ▲ 0.38% ASUR 272.45 ▼ 0.70% OMA 225.04 ▼ 0.62% KOF 181.26 ▲ 0.25% GRUMA 288.08 ▲ 0.17% KIMBER 38.09 ▼ 0.78% SQM-B 63,974 ▲ 1.35% COPEC 6,360 ▲ 2.58% BSANTANDER 78.51 ▲ 3.18% FALABELLA 5,883 ▲ 0.14% ENELAM 84.30 ▲ 0.23% CENCOSUD 2,015 ▲ 1.01% CMPC 1,085 ▲ 1.78% BANCO CHILE 189.40 ▲ 1.56% LATAM AIR 24.49 ▲ 0.33% YPF 80,550 ▲ 1.70% GGAL 7,975 ▲ 1.66% PAMPA 5,495 ▲ 4.27% TXAR 667.50 ▼ 0.45% ALUAR 965.50 ▲ 0.63% TGS 9,620 ▲ 1.26% CEPU 2,333 ▲ 1.92% MIRGOR 16,725 ▼ 2.34% COME 43.25 ▲ 0.70% LOMA NEGRA 3,645 ▲ 2.03% BYMA 293.50 ▼ 0.09% TELECOM ARG 4,225 ▲ 1.93% ECOPETROL 16.57 ▲ 3.37% BANCOLOMBIA 81.99 ▲ 1.45% GRUPO AVAL 4.99 ▲ 0.81% CREDICORP 392.85 ▲ 1.55% SOUTHERN COPPER 183.72 ▲ 4.94% BUENAVENTURA 31.05 ▲ 3.29% MERCADOLIBRE 1,812 ▼ 1.10% NUBANK 14.19 ▲ 1.39% XP 16.60 ▼ 1.22% PAGSEGURO 9.39 ▲ 1.02% STONE 11.05 ▼ 0.59% GLOBANT 32.40 ▲ 0.34% TECNOGLASS 45.71 ▼ 0.88% GAP AIRPORT 217.97 ▲ 0.39% ASUR 272.45 ▼ 0.70% OMA AIRPORT 103.62 ▼ 0.38% AMX ADR 26.07 ▼ 0.11% FEMSA ADR 130.47 ▲ 0.35% CEMEX ADR 12.62 ▲ 1.04% PETROBRAS ADR 18.44 ▲ 1.35% VALE ADR 14.17 ▲ 0.46% ITAU ADR 8.34 ▲ 0.18% SANTANDER BR 5.40 ▲ 0.56% AMBEV ADR 3.10 ▲ 0.65% CSN 1.02 ▲ 0.50% GERDAU 4.68 — 0.00% LATAM ADR 52.55 ▲ 1.56% BTC 66,644 ▲ 2.17% ETH 1,928 ▲ 1.27% SOL 78.02 ▲ 0.29% XRP 1.15 ▲ 3.86% BNB 574.92 ▲ 0.73% ADA 0.17 ▲ 2.90% DOGE 0.07 ▲ 1.72% AVAX 6.62 ▲ 0.67% LINK 8.69 ▲ 1.21% DOT 0.85 ▲ 3.25% LTC 47.82 ▲ 1.02% BCH 225.48 ▲ 2.54% TRX 0.33 ▲ 0.54% XLM 0.19 ▲ 2.60% HBAR 0.07 ▲ 3.11% NEAR 1.96 ▼ 1.04% ATOM 1.49 ▼ 0.07% AAVE 95.50 ▲ 6.38% SELIC 14.25% EMBRAER 82.56 ▼ 0.88% EMBRAER ADR 64.97 ▼ 1.46% JBS 11.81 ▼ 1.83% JBS BDR 59.82 ▼ 1.60% MBRF3 15.04 ▲ 3.58% MBRFY 2.96 ▲ 1.72% INTER 5.55 ▼ 1.33% EGX 53,990 ▲ 1.63% USD/ZAR16.46▼ 0.41% USD/NGN1,376▼ 0.27% NIKKEI 66,232 ▲ 3.26% CSI300 4,739 ▲ 3.06% HSI 25,132 ▼ 0.04% NIFTY 24,188 ▼ 0.21% KOSPI 6,748 ▲ 3.56% JCI 6,340 ▲ 1.74% USD/JPY163.02▲ 0.32% USD/CNY6.76▼ 0.17% DAX 25,011 ▲ 0.66% CAC 8,363 ▲ 0.28% FTSE 10,586 ▲ 0.58% MIB 52,285 ▲ 0.81% IBEX 19,380 ▲ 0.90% STOXX 643.19 ▲ 0.56% EUR/USD1.14▼ 0.06% GBP/USD1.34▼ 0.54% SPX 7,504 ▲ 0.82% DJI 52,210 ▲ 0.71% NDX 29,122 ▲ 1.81% RUT 2,972 ▲ 1.02% TSX 35,268 ▲ 0.88% VIX 17.22 ▼ 7.67% USD/CAD1.41▲ 0.21% US10Y 4.6180 ▲ 0.43% IBOV 172,758.89 ▼ 0.35% IPSA 10,877.68 ▼ 0.18% IPC MEX 66,125.27 ▼ 0.74% MERVAL 3,281,489 ▲ 1.79% COLCAP 2,309.56 ▲ 0.49% BVL PERÚ 56,620.35 — — USD/BRL 5.07 ▼ 0.31% USD/MXN 17.39 ▼ 0.21% USD/CLP 933.02 ▼ 0.16% USD/COP 3,236 ▼ 1.01% USD/PEN 3.40 ▲ 0.14% USD/ARS 1,477 ▼ 0.30% USD/UYU 40.11 ▲ 1.23% USD/PYG 6,045 ▲ 1.76% USD/BOB 10.80 ▲ 2.69% USD/DOP 58.02 ▲ 0.31% USD/CRC 446.12 ▲ 1.15% USD/GTQ 7.62 ▲ 2.33% USD/HNL 26.74 ▲ 1.61% USD/NIO 36.62 ▲ 0.84% USD/VES 735.39 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.79 ▲ 0.73% USD/TTD 6.73 ▲ 1.11% EUR/BRL 5.79 ▼ 1.16% BRENT 91.49 ▲ 2.54% WTI 84.61 ▲ 1.66% IRON ORE 161.91 — — COPPER 6.54 ▲ 3.84% GOLD 4,085 ▲ 1.85% SILVER 59.41 ▲ 4.58% SOY 1,218 ▼ 0.65% CORN 472.25 ▲ 5.06% WHEAT 669.00 ▼ 0.74% COFFEE 326.70 ▼ 2.30% SUGAR 14.90 ▲ 0.54% ORANGE JUICE 147.80 ▲ 0.27% COTTON 80.03 ▲ 3.44% COCOA 5,582 ▲ 1.12% BEEF 223.45 ▼ 1.36% CATTLE 345.20 ▼ 1.93% LITHIUM 69.10 ▲ 3.26% PETR4 41.52 ▲ 0.90% VALE3 72.04 ▲ 0.15% ITUB4 42.35 ▲ 0.12% BBDC4 18.43 ▲ 0.11% ABEV3 15.82 ▲ 0.19% BBAS3 20.45 ▲ 1.39% B3SA3 15.03 ▼ 1.51% WEGE3 42.73 ▼ 0.93% PRIO3 58.58 ▲ 1.54% SUZB3 41.81 ▼ 0.19% RENT3 36.82 ▼ 1.79% AZZA3 17.76 ▼ 2.26% CSAN3 3.76 ▼ 1.57% RAIZ4 0.27 — 0.00% PCAR3 2.74 ▲ 5.38% GMAT3 3.83 ▼ 0.52% PSSA3 53.26 ▼ 1.73% CVCB3 1.15 ▲ 6.48% POSI3 3.77 ▲ 1.89% SLCE3 13.67 ▲ 0.74% NATU3 8.70 ▲ 0.81% BRKM5 5.89 ▼ 0.84% RANI3 7.87 ▼ 1.50% CSNA3 5.10 ▲ 0.59% CMIN3 5.44 ▲ 0.93% USIM5 8.31 ▲ 1.84% GGBR4 23.63 ▲ 0.04% ENEV3 25.26 ▼ 1.52% CPFE3 46.30 ▼ 0.04% CMIG4 10.99 ▼ 0.27% EQTL3 38.48 ▼ 2.06% LREN3 13.21 ▼ 0.75% VIVT3 35.59 ▼ 0.22% RAIL3 13.33 ▼ 1.77% KLABIN 17.43 ▼ 0.29% RAIA DROGASIL 18.44 ▼ 1.34% RDOR3 33.74 ▼ 4.82% HAPV3 11.26 ▼ 2.51% FLRY3 16.38 ▼ 1.09% SMTO3 15.41 — 0.00% UGPA3 31.48 ▼ 0.69% VBBR3 33.49 ▼ 1.82% BBSE3 41.17 ▲ 0.29% BPAC11 55.50 ▼ 0.61% CURY3 29.67 ▼ 1.72% AERI3 2.04 ▼ 1.45% VIVARA 21.44 ▼ 2.37% COMPASS 24.41 ▼ 0.77% VAMOS 3.14 ▲ 1.62% SANB11 27.31 ▲ 1.11% ASAI3 8.17 ▲ 0.37% SBSP3 28.47 ▼ 1.76% WALMEX 49.36 ▼ 0.04% GMEXICO 205.07 ▲ 2.11% FEMSA 226.89 ▼ 0.04% CEMEX 21.99 ▲ 0.50% GFNORTE 182.36 ▲ 1.31% BIMBO 59.32 ▼ 0.30% TELEVISA 9.82 ▲ 1.13% AMX 22.73 ▼ 0.04% GAP 379.61 ▲ 0.38% ASUR 272.45 ▼ 0.70% OMA 225.04 ▼ 0.62% KOF 181.26 ▲ 0.25% GRUMA 288.08 ▲ 0.17% KIMBER 38.09 ▼ 0.78% SQM-B 63,974 ▲ 1.35% COPEC 6,360 ▲ 2.58% BSANTANDER 78.51 ▲ 3.18% FALABELLA 5,883 ▲ 0.14% ENELAM 84.30 ▲ 0.23% CENCOSUD 2,015 ▲ 1.01% CMPC 1,085 ▲ 1.78% BANCO CHILE 189.40 ▲ 1.56% LATAM AIR 24.49 ▲ 0.33% YPF 80,550 ▲ 1.70% GGAL 7,975 ▲ 1.66% PAMPA 5,495 ▲ 4.27% TXAR 667.50 ▼ 0.45% ALUAR 965.50 ▲ 0.63% TGS 9,620 ▲ 1.26% CEPU 2,333 ▲ 1.92% MIRGOR 16,725 ▼ 2.34% COME 43.25 ▲ 0.70% LOMA NEGRA 3,645 ▲ 2.03% BYMA 293.50 ▼ 0.09% TELECOM ARG 4,225 ▲ 1.93% ECOPETROL 16.57 ▲ 3.37% BANCOLOMBIA 81.99 ▲ 1.45% GRUPO AVAL 4.99 ▲ 0.81% CREDICORP 392.85 ▲ 1.55% SOUTHERN COPPER 183.72 ▲ 4.94% BUENAVENTURA 31.05 ▲ 3.29% MERCADOLIBRE 1,812 ▼ 1.10% NUBANK 14.19 ▲ 1.39% XP 16.60 ▼ 1.22% PAGSEGURO 9.39 ▲ 1.02% STONE 11.05 ▼ 0.59% GLOBANT 32.40 ▲ 0.34% TECNOGLASS 45.71 ▼ 0.88% GAP AIRPORT 217.97 ▲ 0.39% ASUR 272.45 ▼ 0.70% OMA AIRPORT 103.62 ▼ 0.38% AMX ADR 26.07 ▼ 0.11% FEMSA ADR 130.47 ▲ 0.35% CEMEX ADR 12.62 ▲ 1.04% PETROBRAS ADR 18.44 ▲ 1.35% VALE ADR 14.17 ▲ 0.46% ITAU ADR 8.34 ▲ 0.18% SANTANDER BR 5.40 ▲ 0.56% AMBEV ADR 3.10 ▲ 0.65% CSN 1.02 ▲ 0.50% GERDAU 4.68 — 0.00% LATAM ADR 52.55 ▲ 1.56% BTC 66,644 ▲ 2.17% ETH 1,928 ▲ 1.27% SOL 78.02 ▲ 0.29% XRP 1.15 ▲ 3.86% BNB 574.92 ▲ 0.73% ADA 0.17 ▲ 2.90% DOGE 0.07 ▲ 1.72% AVAX 6.62 ▲ 0.67% LINK 8.69 ▲ 1.21% DOT 0.85 ▲ 3.25% LTC 47.82 ▲ 1.02% BCH 225.48 ▲ 2.54% TRX 0.33 ▲ 0.54% XLM 0.19 ▲ 2.60% HBAR 0.07 ▲ 3.11% NEAR 1.96 ▼ 1.04% ATOM 1.49 ▼ 0.07% AAVE 95.50 ▲ 6.38% SELIC 14.25% EMBRAER 82.56 ▼ 0.88% EMBRAER ADR 64.97 ▼ 1.46% JBS 11.81 ▼ 1.83% JBS BDR 59.82 ▼ 1.60% MBRF3 15.04 ▲ 3.58% MBRFY 2.96 ▲ 1.72% INTER 5.55 ▼ 1.33% EGX 53,990 ▲ 1.63% USD/ZAR 16.46 ▼ 0.21% USD/NGN 1,376 ▲ 0.02% NIKKEI 66,232 ▲ 3.26% CSI300 4,739 ▲ 3.06% HSI 25,132 ▼ 0.04% NIFTY 24,188 ▼ 0.21% KOSPI 6,748 ▲ 3.56% JCI 6,340 ▲ 1.74% USD/JPY 163.02 ▲ 0.34% USD/CNY 6.7553 ▼ 0.03% DAX 25,011 ▲ 0.66% CAC 8,363 ▲ 0.28% FTSE 10,586 ▲ 0.58% MIB 52,285 ▲ 0.81% IBEX 19,380 ▲ 0.90% STOXX 643.19 ▲ 0.56% EUR/USD 1.1409 ▼ 0.04% GBP/USD 1.3373 ▼ 0.39% SPX 7,504 ▲ 0.82% DJI 52,210 ▲ 0.71% NDX 29,122 ▲ 1.81% RUT 2,972 ▲ 1.02% TSX 35,268 ▲ 0.88% VIX 17.22 ▼ 7.67% USD/CAD 1.4100 ▲ 0.16% US10Y 4.6180 ▲ 0.43%
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Tuesday, July 21, 2026

From Growth to Grief: The Steep Decline of Regional Aviation in Brazil

By · August 26, 2024 · 1 min read

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Brazil’s regional aviation is in a severe crisis, highlighted by the recent tragic crash of a Voepass flight that killed 62 people.

Since the early 2000s, approximately 30 regional airlines have ceased operations, indicating a significant industry downturn.

In 2000, these carriers held a 7.57% market share; by 2023, this had fallen to just 4.8%, the lowest in 23 years.

Historically, regional airlines have been vital for connecting Brazil’s expansive geography. However, the closure of numerous airlines over the years has left many regions underserved.

Currently, only three airlines primarily focus on Brazil’s regional routes, navigating high operational costs and strict safety regulations.

The government has proposed tax reforms and incentives for purchasing Brazilian-made Embraer aircraft.

From Growth to Grief: The Steep Decline of Regional Aviation in Brazil. (Photo Internet reproduction)
From Growth to Grief: The Steep Decline of Regional Aviation in Brazil. (Photo Internet reproduction)
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These measures aim to reduce operational costs and encourage investments in regional aviation.

Despite governmental efforts, the future of Brazil’s regional aviation remains uncertain.

The sustainability of this sector is crucial for maintaining economic and social connections across the country.

Effective policies are essential to revitalize and sustain regional aviation, ensuring it continues to serve its vital role in national development.

Background

Regional aviation has been crucial for Brazil’s transportation infrastructure. These airlines connect remote regions with urban centers.

They facilitate passenger travel and the movement of goods and services. This connectivity supports economic growth, social integration, and national development.

From Growth to Grief: The Steep Decline of Regional Aviation in Brazil

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