Latin links
Sandy Rederer, ASM’s vice president for The Americas, analyses what the US–Brazil Open Skies agreement means for traffi c growth between the two largest economies in the Americas.
B 18
razil and the United States recently signed a Memorandum of Understanding (MoU) to phase in an Open Skies Air Transport agreement, which will result in remaining capacity limitations being totally removed from October 1, 2015.
This new agreement between the two most populous countries and largest economies in the Americas is a signifi cant achievement after many years of
(sometimes diffi cult) negotiation. It follows a similarly phased in Open Skies regime agreed upon between the US and Colombia in November 2010. Despite the size of the countries and their economies, passenger air service between Brazil and the US is relatively underdeveloped. Geography is partly to blame: Brazil’s major cities on the south Atlantic coast are a long way from the populated centres of the United States.
In fact, the capitals of Western Europe are much closer to New York than Rio de Janeiro and São Paulo are to Miami or New York and the US northeast.
Brazil has enjoyed tremendous economic growth over the past 20 years but it has always been a country with a lot of people – currently around 200 million – a lot of potential, and a lot of economic problems.
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