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Brazil Airlines in a Spin: US$ 684 Million in Losses PDF Print E-mail
Written by Alex Rodrigues   
Monday, 29 September 2008

Aviation in Brazil Regular Brazilian airlines incurred losses of 1.27 billion reais (US$ 684.4 million) in 2007. The negative operational result was published in the 2007 Air Transport Directory - Economic Data, disclosed last Friday (26th) by the National Civil Aviation Agency (ANAC). Losses were much greater than those recorded in 2006, which totaled 173 billion reais (US$ 93.2 billion).

According to the ANAC, in the domestic market the result is due to an aggressive tariffs policy, characterized by promotions and discounts offered by companies, and also because, in 2007, the growth in seat supply (19.3%) surpassed the growth in demand (14.2%), leading to a lower occupation rate.

In the international sector, the main impact was caused by the end of operations by the Varig Group (Rio Sul, Nordeste, and the former Varig), which led companies Gol and TAM to concentrate operations.

The losses are calculated by subtracting companies' expenditures from the revenues posted. In the domestic market, whereas revenues in 2007 totaled 10.67 billion reais (US$ 5.7 billion), expenditure reached 11.24 billion reais (US$ 6 billion), representing loss of 563.72 million reais (US$ 303.8 million).

In the international market, revenues totaled 3.652 billion reais (US$ 1.9 billion), whereas expenses reached 4.359 billion reais (US$ 2.3 billion), leading to losses of 706.83 million reais (US$ 380.9 million).

The profitability index was also negative among air taxi companies. Out of the regions surveyed, the one that comprises the state of São Paulo presented the lowest profitability index (-57.06%). The region that comprises the states of Mato Grosso, Mato Grosso do Sul, Tocantins, Goiás and the Federal District achieved a positive result, with almost 15% of profitability.

The directory brings, for each company, figures pertaining to expenditures, revenues, seat supply and occupation rates, kilometers flown, profitability, profitability index, and break-even point. Performance information was obtained from Cost Reports and Financial Reports sent in by 23 companies.

ABr

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CH.C- The fountain of misinformation
written by VinnyCarioca, September 29, 2008
I really wonder who is the most relegated to the closet : Brazil or Switzerland !!!!!

Especially when your GDP per capita is 1/10th ours.

2007 GDP per capita: Switzerland $41,000.00 Brazil $9700.00

Source of information: https://www.cia.gov/library/publications/the-world-factbook/
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CH.C- You can run but not hide
written by VinnyCarioca, September 29, 2008

Conclusion : still waiting your sources for the US EXTERNAL debts !!!! smiiiiiiiiles !


Source of information: https://www.cia.gov/library/publications/the-world-factbook/
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VinnyCarioca
written by João da Silva, September 29, 2008
2007 GDP per capita: Switzerland $41,000.00 Brazil $9700.00


Vinny, my dear fellow, GDP per capita of Brazil was $9700 in 2007? Is it US$ or R$ or $ of some unspecified country. I am slightly confused. BUT....BUT..., with this stat, you are walking into a "Lion´s Den", if you really don't mind my warning you. smilies/cheesy.gif smilies/grin.gif

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Joao
written by VinnyCarioca, September 29, 2008
Vinny, my dear fellow, GDP per capita of Brazil was $9700 in 2007? Is it US$ or R$ or $ of some unspecified country. I am slightly confused.

Appreciate the thought Joao. Here is a link which displays the 2007 GDP per capita for all countries in U.S. dollars:
https://www.cia.gov/library/publications/the-world-factbook/fields/2004.html

BUT....BUT..., with this stat, you are walking into a "Lion´s Den", if you really don't mind my warning you.

Lion's den? I respectfully disagree my dear fellow.
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...
written by Ric, September 29, 2008
Are you in the right seat? Let me see your boarding pass.
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Vinny the Idiot !!!!!
written by CH.C., September 30, 2008
I knew how stupid you were....but you did not even paid attention the number you wrote were PPP...and NOT ACTUAL !!!!!!!

SORRY FOR YOU....WHO CONSTANTLY MIXED UP JUST ABOUT EVERYTHING !!!!!

YOU BETTER BE ASHAMED...OF HAVING GONE TO A PRIVATE SCHOOL !!!!!!

By constantly distorting numbers and consider your errors as MINOR.......you just prove how junkie you are !!!!!

Ask any Brazilian idiot how much equal 2 PLUS 2.
He will answer " 5 of course, every idiot knows that"
You are Nooooooo different !

Ohhh by the way.....I am not really surprised you came on this thread. You even did not pay attention, as usual, to
"Losses were much greater than those recorded in 2006, which totaled 173 billion reais (US$ 93.2 billion).
Were you the one writing this article ????? MINOR error...as you said !

Are you red faced or blue faced by now ?????
Wellll you have all the good reasons to be both...alternatively !

LAUGH....LAUGH.....LAUGH....LAUGH....LAUGH...LAUGH

Hopefully you can catch this !.
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Furthermore.....to Vinny the Idiot !
written by CH.C., September 30, 2008
If you were NOT the one who wrote the article on the airlines, no doubt the reporter went to the same "private" school as...YOURS !!!!
Highly private school for the idiots of wealthy parents...as I wrote in another comment.

You proved it...time and again...in such a short oeriod of time....since you started writing your comments !

idiots will remain idiots for eternity........even if they went to a private school !!!!!
VINNY YOU cant hide yourself...the second you put a number in writing !
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Specifically for Real Idiots !
written by CH.C., September 30, 2008
Using YOUR sources

Brazil population 196,342,592
Brazil GDP (official exchange rate):
$1.314 trillion (2007 est.)

My cheap NON Brazilian calculator thus show GDP per capita US£ 6'692.-

Switzerland Population 7,581,520 (July 2008 est.)
GDP (official exchange rate): $423.9 billion (2007 est.)

My cheap NON Brazilian calculator thus show GDP per capita US$ 55912.-

Right ! But not over yet in these stats is the FDI outlfow that generate external profits, at around 10 % the amoiunt invested, as per our Central Bank Annual Report.

Using the same sources as yours :

Brazil Stock of direct foreign investment - abroad:
$107 billion (2007 est )


Switzerland Stock of direct foreign investment - abroad:
$591.5 billion (2007 est.)

Therefore add 10 % of these amounts to the respective country GDP, and divide then by the per capita and you get close to the ratio of 10 to 1 I was referring to-

Dear Idiot VinnyFavelaCarioca,
QUITE STRANGE you did not put the other stat I mentionned which was exports PER CAPITA !!!!!!
WHY SO ? Too shameful for your pride ?????
Wether you like it or not, here they are, still using YOUR sources :

Brazil exports $160.6 billion f.o.b. (2007 est.)
Or US$ 818.- PER CAPITA

Switzerland Exports: $202.8 billion f.o.b. (2007 est.)
Or US$ 26'722.- PER CAPITA


Oooopps sorry I goofed when I stated the ratio was 25, because it is 32,6 times HIGHER

You tried to hide that reality ? You cant ! Sorry....idiot !

Also feel free to look at the current account surplus to GDP
Let me state this dear idiot, is that by now Brazil already has the Highest historical current account DEFICIT !!!!

While for Switzerland it remains close to 15 % of GDP...as usual !
in 2007, Brazil current account surplus WAS at around 0,25 % of GDP....... and you were so PROUDDDDDDDDDD !!!!!


Brazil is always proud to be sooooooooo bad ! Thus wether it is Robin the Crook and his gang, or VinnyFavelaCarioca the idiot, they always cheat, lie, hide and manipulate the SIMPLE Truth.
Sure....otherwise they could NOT KEEP that National Pride !!!!!
Welll....... that doesnt make you any better !
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CH.C
written by VinnyCarioca, September 30, 2008
Are you red faced or blue faced by now ?????

Anyone attempting to fight through your kindergarten level English would be red, blue, yellow, .....by now.
As far as conflating PPP with actual, I'll stand corrected. (People with self-esteem don't have an issue with that)
QUITE STRANGE you did not put the other stat I mentionned which was exports PER CAPITA !!!!!!
WHY SO ? Too shameful for your pride ????

I wasn't disputing your export statistics and your statistics on GDP per capita reminded me of a quote by Mark Twain: "there are lies, damn lies, and statistics". Very clever though, I can see why the Swiss were so useful to the Nazis.

The rest of your last three posts were the hackneyed rantings of a borderline lunatic.Was Needle Park re-opened ? Did you spend a little too much time at Letten station?

By the way huere Michi, you never answered (or evaded) a question that I asked you a couple of days ago: What is your connection to Brazil?
I ask this because I believe you just come on here to condescend to a country or culture that you deem (incorrectly) beneath your bastion of intellect. (I'll revert to the issue of self-esteem) Have you ever been to Brazil? If you have, I'll surmise that the warm and generous people gave you a greater amount of respect than actually you deserve.
Stay well

P.S. My wife's 15 year old cousin in Rio is teaching English PRIVATELY. I'll see if she can help you through a correspondence course.
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I hope you can decipher ........
written by VinnyCarioca, September 30, 2008
what the quotes and the responses are.
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