Avianca Brasil has been challenged by weak demand, high fuel prices, taxes and overcapacity this year as it navigates through a tough economic climate in Brazil. Avianca Brasil president Frederico Pedreira told ATW in Rio de Janeiro the carrier has “grown by 15% in 2016, and we will continue to grow in 2017, but likely less than this year,” he said, adding he does not have high hopes for 2017. The growth rate could be 7%-8%.” He added, “Running an airline is always ...

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