The airline said three risk factors, plus additional costs to the Trip company’s acquisition. The factors are competition in the airline industry, changes in fuel costs and dependence that the company has of Viracopos airport.
The risks were disclosed in the preliminary prospectus public offering of primary and secondary distribution of preferred shares of the company, that are in the Brazilian Securities Commission (CVM).
In the document, the company still places that airlines can increase or decrease their activities according to the perceived profitability in the market. Frequency of flights, schedule availability, brand recognition and quality of services create a significant impact on the competitiveness of the market and the issue of fuel is tied to geopolitical issues and supply and demand, as the company said.
But the problem of the dependency with Viracopos Airport, in Campinas, is the high number of flights that take place in the company’s airport and may disrupt its activity if Viracopos go through a situation that needs to close the terminal.
Newsroom, with Estadão informations