Text size:

  • Small
  • Normal
  • Large
Etihad's flights to Sao Paulo next June will allow revellers to enjoy the the sights and sounds of Brazil, including the carnival. Christophe Simon / AFP
Etihad's flights to Sao Paulo next June will allow revellers to enjoy the the sights and sounds of Brazil, including the carnival. Christophe Simon / AFP

Etihad intends to start flights from Abu Dhabi to Brazil

Etihad Airways is planning to launch flights to Brazil, marking the airline's first destination in South America.

Etihad Airways is planning to launch flights to Brazil, marking the airline's first destination in South America.

Daily direct flights to Sao Paulo are to start next June, the carrier announced yesterday. This is the latest in a series of commercial links that have been forged between the UAE and Latin America.

"Business and tourism flows between the United Arab Emirates and Brazil have been growing," said James Hogan, the president and chief executive of Etihad Airways.

In March, Mubadala Development struck a US$2 billion (Dh7.34bn) investment deal with Brazil's EBX Group, a company with interests in oil and gas, gold and other sectors. Mubadala, a strategic investment company owned by the Abu Dhabi Government, took a 5.6 per cent stake in Centennial Asset Brazilian Equity Fund and other offshore holding companies owned by Eike Batista, the founder of EBX Group.

DP World, three years ago, signed a deal with Odebrecht to acquire a majority stake in Embraport, a $500 million port terminal under development next to Porto de Santos, which is Brazil's largest container terminal and located about 80km from Sao Paulo. DP World also operates a terminal in the port in Callao, which is about 15km from Lima, Peru.

Emirates Airline launched flights to Rio de Janeiro in Brazil and Argentina's capital, Buenos Aires, at the beginning of this year. The carrier, based in Dubai, also operates flights to Sao Paulo.

The Dubai Department of Tourism and Commerce Marketing has said it is planning to open an office in South America, a growing feeder market of tourists to the UAE. Sao Paulo is one of the locations under consideration for the office.

"Brazil is the world's sixth-largest economy, having overtaken the UK in 2011," Etihad said. "It is the largest country in South America and has the biggest population, at almost 200 million. Its trade and tourism will be boosted by its hosting of both the Fifa World Cup in 2014 and the Olympic Games in 2016."

Brazil is the UAE's fourth-largest trading partner, with bilateral trade between the two countries valued at $2.85bn, Etihad said. It added that authorities hope to increase this to $10bn within five years.

"We are witnessing significant growth in the bilateral relations between Brazil and the UAE and we are certain that Etihad Airways flights will create new opportunities for government, trade, tourism and cultural exchanges," said João de Mendonça Lima Neto, Brazil's ambassador to the UAE.

Exports from Brazil to the UAE include sugar, soya beans, meat, aircraft, heavy oils, tractors and construction vehicles.

Oil rigs, aviation fuel, steel, aluminium goods and plastics are among exports from the UAE to Brazil.

"The fact that these services are a year away means the carrier has time to market the new connections to Sao Paulo," said Saj Ahmad, the chief analyst at StrategicAero Research.

"It also effectively pits Etihad directly against … Emirates, who also serve Sao Paulo, so customers will certainly benefit from better connections to and from the UAE to Brazil, although whether there will be any significant price decreases remains to be seen," Mr Ahmad said.


twitter: Follow and share our breaking business news. Follow us

iPad users can follow our twitterfeed via Flipboard - just search for Ind_Insights on the app.

Back to the top

More articles

Editor's Picks

 The Greens, villas: Q1 no change. 3BR - Dh210-250,000. 4BR - Dh210-260,000. 5BR - Dh220-300,000. Q1 2013-Q1 2014 5% rise. Pawan Singh / The National

In pictures: Where Dubai rents have risen and fallen, Q1 2014

Find out how rental prices in the prime locations in Dubai have altered during the first three months of the year and the current rates you will pay according to data provided by Asteco.

 Above, the private pool of Ocean Heights' five-bedroom penthouse flat. Courtesy Christie’s International Real Estate

In pictures: Penthouse flat is height of Dubai luxury living

A five-bedroom penthouse in Ocean Heights in Dubai Marina is on sale for Dh25 million and comes with a private pool and an unparalleled view of Dubai.

 The cooling towers of the Temelin nuclear power plant near the Tyn nad Vltavou in Czech Republic. The country wants to continue expanding nuclear energy capacity despite cancelling a tender to build two new units. David W Cerny / Reuters

In pictures: Best business images for the week to April 17, 2014

Here are some of the best business images for the week to April 17, 2014.

 Three generations of the Hakimi family tend to their stall Crawford Market in Mumbai. Subhash Sharma for The National

In pictures: Shopper’s delight at Crawford Market in Mumbai

Crawford Market is an old British-style covered market dealing in just about every kind of fresh food and domestic animal imaginable. Later on renamed Mahatma Jotirao Phule, the market remains popular among locals and visitors by its old name, taken from Arthur Crawford who was the first municipal commissioner of the city.

 The Wind, Energy, Technology and Environment Exhibition takes place from April 14 to April 16. Above, the Dewa showroom during last year’s Wetex. Jaime Puebla / The National

April corporate and economic calendar for the UAE and overseas

From Cityscape to Wetex to stock-market holidays to nations reporting first-quarter GDP figures, here is our helpful calendar of April's business events in the UAE and internationally.

 Get the latest information on credit cards, bank accounts and loan products in the UAE. Mark Lennihan / AP Photo

Rates report: Latest on UAE loans, accounts and credit cards

Souqamal.com brings you the latest interest rates on banking products in the UAE.


To add your event to The National listings, click here

Get the most from The National