LatAm Transport and Capital Goods "Daily Take-Off: VAMO, RAIL" Valerio

Research evidence excerpt

LatAm Transport and Capital Goods "Daily Take-Off: VAMO, RAIL" Valerio

Links to today’s main news flow

Brazil

Air sector in Brazil moved 10.2 million passengers in April, up 1.8%

We continue to see firm demand, even with price increases, says Abra CEO

Randoncorp posts 1.3% revenue growth in April

Gol’s parent company posts US$208 million profit in the quarter, up 26.2%

China could reduce soybean imports by 25% by 2030

Brazil and US are moving toward agreement on tariff hike, says minister

Government regulates credit for app drivers and taxi drivers

Interest in electric cars soars after Move Brasil launch

ViaMobilidade’s Line 5-Lilac operates at reduced speed after failure

CMN regulates emergency credit line for airline companies’ working capital

Industrial crisis leads European automakers to hand factories over to Chinese groups

Gol owner group expects tickets 20% more expensive to offset rise in aviation

kerosene

Airfare: even with federal aid, fare rose 9% in April with kerosene increase, says

Anac

Car financing reaches highest level in almost 20 years and follows rise in sales

Stellantis wants to produce Chinese cars in France and expands partnership with

Dongfeng in Europe

Investment in highways reduces accidents and avoids billion-real loss

Jet fuel rose 41% in April year over year and pressures ticket prices upward

VLI records largest monthly grain movement in history

Ministry of Transport releases R$473 million for highways in PE

Movida (MOVI3) approves buyback program of up to 15% of shares outstanding

First shipments by Rumo and Olfar in Porangatu total 42,000 tons in one month

Airbus informs customers of new delays in A350 jet production due to supplier that

belonged to Boeing

Brazil’s Defense Minister goes to Argentina to try to sell Brazilian weapons and