We have been bullish about the future prospects of the Brazilian aviation market for many years now what with 7% (now 4% at best) growth, the FIFA World Cup in 2014 and the 2016 Summer Olympics there has been much to shout about. Now this month with the creation of LATAM Airlines things move up another gear. With an estimated market capitalization of $13 billion, LATAM becomes the largest airline in the world, beating Air China which is second at $10.7 billion, and Delta Air Lines in third place. But now it is time to awake from the stupor of
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