Cold Weather, Hot Prospects Mark LABACE 2019
How is LABACE 2019? Trying to ask ABAG chairman Leonardo Fiuza is difficult because as president of Textron Aviation representative TAM Aviação Executiva, his time is fully taken up with customers. “The fair has been very good in term of client traffic,” Fiuza said between hectic meetings. “The fair is taking place at a moment of transition for the country, which we hope will transform the second half into good results for all.”
TAM AE has already sold more than 20 new aircraft in 2019, more than half the total for last year, and the second halves of past years have always seen more deals closed. “The clients are optimistic, and the market is optimistic,” Fiuza said. Besides increased aircraft sales, he sees big growth in MRO. But as to a shift caused by increasing fractional shares or by-the-seat charters, he said, “I, personally, don’t see it yet. We’re coming from difficult years for the country, and for the industry,” he concluded, before being called away to meet with yet another client.
LABACE 2019 has been a show of unusual juxtapositions. The most prominent is at Embraer’s stand, where the company’s first commercial product, a restored Bandeirante, sits side-by-side with its latest, the super-midsize Praetor 500, certified on the fair’s opening day.