Brazil's Antitrust Regulator Wants Competition In Sao Paulo Airport

Brazil’s antitrust regulator wants new rules for allocating airplane landing and departure rights, known as slots, in Sao Paulo’s crowded domestic airport, saying they are too concentrated among two main airlines, Reuters reported. The recommendation comes as the country’s civil aviation regulator ANAC has announced it will take back the slots held by grounded airline Avianca Brasil in the airport, known as Congonhas, as part of a plan to redistribute them later. Under current rules, many of the slots would go to the two airlines that already control most of Congonhas’ flights: Gol Linhas Aereas Inteligentes and LATAM Airlines Group. The antitrust regulator, known as CADE, wants the rules changed to favor potential new entrants, increasing competition, according to a legal recommendation made public on Monday. Read more