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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (113138)9/1/2015 11:47:07 AM
From: Snowshoe  Read Replies (1) | Respond to of 219836
 
Brazil's Economic Crisis Is Destroying the World's Busiest Helicopter Market
bloomberg.com

Chalk up another casualty of Brazil’s economic crisis: the world’s busiest helicopter market.

Flights are down by a third in Sao Paulo, where rooftop helipads dot business and residential districts. For the first time in three decades, Brazil’s fleet is poised for an annual decline. And flight schools are full of trainees who may never find a job in a commercial cockpit.

Rotorcraft travel is being cast aside as Brazil slides into a recession projected to be the nation’s deepest since the 1930s. For helicopter companies, the pullback follows a five-year surge driven by offshore oil exploration and demand from millionaires to soar above Sao Paulo traffic and street crime.

“Nobody is spending money,” said Rafael Dylis, the sales manager for Sao Paulo charter provider Helimarte Taxi Aereo. “Everybody who needs to save money, saves on our service. They prefer to go by car, by bus, by other transportation, but not helicopters.”