Latest news with #CelsoSabino
Yahoo
19-05-2025
- Business
- Yahoo
Brazil government not considering specific aid for airline Azul, minister says
RIO DE JANEIRO (Reuters) - Brazil's government is not considering providing specific aid for Azul as the airline faces financial hurdles, but money from a local fund will soon be available for carriers, tourism minister Celso Sabino said on Monday. "The Brazilian government does not intent to grant any kind of benefit to a particular company. The government thinks of the sector as a whole," Sabino said on the sidelines of an event in Rio de Janeiro. The so-called "national aviation fund" is set to be ready in the first half of 2025, Sabino said, adding the move would make "billions of reais" available to local airlines. The fund can be used to help guarantee loans for airlines to buy new aircraft and engines, he added. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


Reuters
19-05-2025
- Business
- Reuters
Brazil government not considering specific aid for airline Azul, minister says
RIO DE JANEIRO, May 19 (Reuters) - Brazil's government is not considering providing specific aid for Azul (AZUL.N), opens new tab as the airline faces financial hurdles, but money from a local fund will soon be available for carriers, tourism minister Celso Sabino said on Monday. "The Brazilian government does not intent to grant any kind of benefit to a particular company. The government thinks of the sector as a whole," Sabino said on the sidelines of an event in Rio de Janeiro. The so-called "national aviation fund" is set to be ready in the first half of 2025, Sabino said, adding the move would make "billions of reais" available to local airlines. The fund can be used to help guarantee loans for airlines to buy new aircraft and engines, he added.


See - Sada Elbalad
15-05-2025
- Business
- See - Sada Elbalad
BRICS countries approve Cerrado Declaration on Sustainable Tourism Development
H-Tayea BRICS tourism ministers met in Brasilia. The key outcome was the approval of the Cerrado Declaration, which consolidates the desire of the member countries to promote sustainable, inclusive and environmentally friendly tourism. This is reported by the official website of the Brazilian Government, according to TV BRICS. The event was headed by the Minister of Tourism of Brazil Celso Sabino. The document was so named in honour of one of the largest natural biomes of the Republic and the second largest in Latin America after the Amazon – Cerrado. "The Cerrado Declaration was a significant event in the history of world tourism. The BRICS countries represent the largest economy, the largest consumer market and the largest tourism community. This document defines how our countries should build their tourism policies," Sabino emphasised. The declaration identifies three priority areas for international cooperation in this field: Regional Tourism Development. This includes improving infrastructure, expanding tourism offerings, and training personnel. Promotion of sustainable and regenerative tourism. Suggests sharing experience, introducing green practices and supporting local communities. Attracting digital nomads. It is recommended to simplify the visa regime, improve the quality of the Internet and create conditions for remote work. During the event, the Brazilian minister also announced that at the 30th Conference of the Parties to the UN Framework Convention on Climate Change (COP30) in Belem, a separate day will be fully dedicated to the issue of sustainable tourism. read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid News Egypt confirms denial of airspace access to US B-52 bombers Lifestyle Pistachio and Raspberry Cheesecake Domes Recipe News Ayat Khaddoura's Final Video Captures Bombardment of Beit Lahia News Australia Fines Telegram $600,000 Over Terrorism, Child Abuse Content Arts & Culture Nicole Kidman and Keith Urban's $4.7M LA Home Burglarized Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Sports Neymar Announced for Brazil's Preliminary List for 2026 FIFA World Cup Qualifiers News Prime Minister Moustafa Madbouly Inaugurates Two Indian Companies Arts & Culture New Archaeological Discovery from 26th Dynasty Uncovered in Karnak Temple Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War