ITA Linhas Aereas

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The bus company Itapemirim Group received $500 million USD to set up, among other initiatives, a new airline in the country. Sidnei Piva, Itapemirim president said that one of Abu Dhabi’s sovereign wealth funds provided with the $500 million USD to start up a new airline in 2020. ITA Linhas Aereas announced on 01May2021 that it had received its AOC and intended to start operations in Jun2021. ITA, once again cancelled and reshuffled a number of flights, generating concern among affected passengers as to whether the airline will get off the ground successfully. Itapemirim Transportes Aéreos-ITA launched its first flight from Guarulhos International Airport in São Paulo to Brasilia on 29Jun2021

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