The airline company Abear said this Tuesday (8) that the rise in aviation fuel could slow the resumption of the sector shaken by social isolation measures and make higher-cost routes unfeasible in the short and medium term.
According to the association, which represents the companies Gol and Latam Airlines, aviation kerosene (QAV) accounts for more than a third of the costs of the air sector, which in turn has a share of more than 50% indexed to the dollar.
“Abear defends that emergency measures to contain prices that may be taken during the conflict (war in Ukraine) include the QAV, thus alleviating the crisis in the sector,” the entity said in a statement.
The federal government has promoted discussions on initiatives to alleviate fuel prices. A meeting on the subject at the Planalto Palace was scheduled to take place this afternoon between ministers of areas involved in the negotiations for the adoption of possible measures, in addition to the president of Petrobras, Joaquim Silva e Luna.
Gol shares rose 6.1% near the end of the trading session and Azul shares advanced 6.4%, despite the fact that the barrel of oil in the United States closed up 3.6%, at 123.70 dollars the year barrel. Brent, on the other hand, closed at $127.98, up 3.9%.
According to Abear, in 2021 the price of QAV accumulated a rise of 76.2%, surpassing increases of 56% for diesel and 42.4% for gasoline.
Earlier, Azul reported that passenger demand for its flights rose 20.1% in February compared to the same month in 2021, when most of the social isolation measures were still in place. Gol reported a 35% increase in demand last month.
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