Brazilian President Jair Bolsonaro on Monday signed a bill into law allowing foreign airlines to operate domestic flights in Latin America’s largest air market, a move that could usher in new competition or lead foreign carriers to buy up the local players.
The bill had started as an executive order issued by former President Michel Temer in the last days of his tenure in late 2018. Brazil’s Congress made the measure permanent last month, but included some changes that required a presidential signature.
Full Content: Reuters
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