OK…not really, but there is some movement in the Brazilian aviation market, and it is being driven by David Neelman, the founder of JetBlue, so that’s where the connection comes into play. I’m guessing it is just bad translation on some press releases.
There have been rumors swirling for a few months now that Neelman was working on getting a new carrier off the ground in Brazil, taking advantage of his dual-citizenship status to get things moving (Brazil has a citizen ownership limit, similar to the USA). The latest article suggests that he has raised $200MM in funding, has hired executives – including some from the now shuttered flag carrier Varig – and is poised to make an announcement regarding the new company as soon as this Thursday. The airline will operate using ~36 E190 planes, which happen to be made by Embrear, a Brazilian company. Stay tuned…
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