Brazil Approves Open Skies Agreement With US, Paving the Way for More Flights
On Wednesday, Brazil's Senate approved an open skies agreement with the US, which means more flights between the two countries. It also means a business deal between American Airlines and Latam Airlines, respectively the biggest airline in the world and the biggest in Latin America, will be allowed to proceed.
Required by the US Department of Transportation, the treaty allows American and Latam to coordinate their schedules and connections. The agreement will also bring an icreased amount of flights between the two countries, with more destinations and routes available. In fact Brazil's tourism board predicts the number of flights between the US and Brazil will rise by about 30%.
The agreement is also expected to bring lower airfares to and from Brazil and bring additional interest from other US carriers in more routes to Brazil. According to the Brazilian government, 70% more Americans have been traveling to Brazil since the country started its electronic visa program in January.
American and Latam first introduced the agreement in 2011, but some Brazilian lawmakers opposed it due to fears local airlines would not fare well with US competition.
The treaty now goes to the desk of Brazilian President Michel Temer, who is expected to approve it.
H/T: Reuters
TPG featured card
at Capital One's secure site
Terms & restrictions apply. See rates & fees.
| 5X miles | Earn 5X miles on hotels, vacation rentals and rental cars booked through Capital One Travel |
| 2X miles | Earn unlimited 2X miles on every purchase, every day |
Pros
- Stellar welcome offer of 75,000 miles after spending $4,000 on purchases in the first three months from account opening. Plus, a $250 Capital One Travel credit to use in your first cardholder year upon account opening.
- You'll earn 2 miles per dollar on every purchase, which means you won't have to worry about memorizing bonus categories
- Rewards are versatile and can be redeemed for a statement credit or transferred to Capital One’s transfer partners
Cons
- Highest bonus-earning categories only on travel booked via Capital One Travel
- LIMITED-TIME OFFER: Enjoy $250 to use on Capital One Travel in your first cardholder year, plus earn 75,000 bonus miles once you spend $4,000 on purchases within the first 3 months from account opening - that’s equal to $1,000 in travel
- Earn unlimited 2X miles on every purchase, every day
- Earn 5X miles on hotels, vacation rentals and rental cars booked through Capital One Travel
- Miles won't expire for the life of the account and there's no limit to how many you can earn
- Receive up to a $120 credit for Global Entry or TSA PreCheck®
- Use your miles to get reimbursed for any travel purchase—or redeem by booking a trip through Capital One Travel
- Enjoy a $50 experience credit and other premium benefits with every hotel and vacation rental booked from the Lifestyle Collection
- Transfer your miles to your choice of 15+ travel loyalty programs
- Top rated mobile app