South America’s Industry and the Promise to Open Skies

The discussion surrounding the potential implementation of an Open Skies policy in South America holds prime importance for the aviation sector and how it’s going to shape the future. Such a policy has the potential to open new doors of opportunities for the airline industry in the region.

?

The recent insights from CEOs of prominent ultra-low-cost carriers, including JetSMART, Sky Airline, Flybondi, and Wingo, shed light on the obstacles faced by airlines operating across multiple South American countries. The requirement for separate Air Operator Certificates (AOCs) in each nation and varying regulations create unnecessary barriers.

?

Akin to Europe's streamlined approach, an Open Skies policy could simplify operations and reduce costs, enabling airlines to expand their reach with greater ease. This, in turn, would promote increased connectivity and pave the way for the establishment of new domestic airline branches. Moreover, it could attract a diverse pool of talent, both local and foreign, to bolster the workforce.

?

Brookfield Aviation believes that embracing Open Skies in South America is a visionary step toward fostering a thriving and competitive aviation industry in the region. It aligns with long-term growth and can benefit not only the airlines but also passengers seeking affordable fares and increased travel options. By adopting such progressive policies, South America can look forward to a future where its skies are truly open, inviting, and conducive to sustainable growth and prosperity.