J.P. Morgan has released its valuation for airlines across the world, highlighting some of the major airlines in each region. In the Latin America region the report says that after several years of a challenging demand environment and great focus on growth, airlines have been adopting a more rational strategy toward capacity management and pricing. In Brazil, the exit of Avianca Brasil has led Azul, GOL and LATAM to accelerate capacity expansion into the second-half of 2019, a fact that has brought some concerns to the investor community, the report says. J.P. Morgan says that it does not see a

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