Things look particularly grim in the aviation sector amid the pandemic. Three major Latin American carriers recently filed for Chapter 11 bankruptcy protection in the U.S., and earlier this week we showed how airport administrators fear a total collapse of their businesses. Meanwhile, lockdowns and remote-work trend the USD 1.5-trillion business travel industry — which encompasses transportation, hospitality, and much more. Sounds like the worst possible moment to open an airline, right? Well, not if you are a 33-year-old hawkish CEO with money to spare.
That appears to be precisely what Brazilian entrepreneur Maurício Souza is.