As the world oil market is experiencing its biggest downturn since the 1990’s, the price of jet fuel has dropped which has created affordable airfare in general and particularly cheap flights to Brazil.
The price of a barrel of crude oil has fallen more than 70% since June 2014 causing huge turmoil in the oil industry. The nations, companies and hundreds of thousands of employees that depend on petroleum profits for their well being have been hit extremely hard by this decline. On other side of the coin, consumers are seeing savings at the pump when filling up their cars, and lower bills for heating their homes. Travelers are seeing an across-the-board decrease in flight prices and insanely cheap flights to Brazil.
Why are the flights to Brazil cheaper than other foreign destinations you may ask? The answer is a combination of the low price of jet fuel and the recent devaluation of the Real (Brazilian currency) which has caused there to be less demand for international flights departing Brazil. The Real has lost so much value against the Dollar, Euro and Pound that it has simply made it too expensive for Brazilians to take their vacations outside of the country.
In turn, airlines have lowered their already affordable prices even more dramatically for international flights to Brazil than the rest of the world, in attempt to incentivize foreigners to buy round trip tickets and fill up their planes. Their rationale behind this is that with fuller planes, they would be cutting their losses on these routes which they had invested heavily in for the 2014 World Cup and the upcoming 2016 Rio Olympics. According to Hopper, a popular smartphone app, Brazil has seen the largest decrease in international flight prices for any destination in the world for the month of April.
To speak from my personal experience, I have been flying from the United States to Brazil and vice versa since 2006, and I have never seen these cheap flights to Brazil like I am seeing now. The current prices are close to 50% less than what I normally pay. From Seattle, which is the absolute furthest major city in the continental US from Brazil, and one of the most expensive; I pay an average of $1150 for a round trip ticket with one connection each way. These days, I am seeing the same round trip flights in April, May and June for as low as $640 on Kayak. From other major US cities that are closer to Brazil, these flights are even cheaper. Houston to Rio de Janeiro direct, round trip for $629. New York City to Rio de Janeiro or Sao Paulo direct, round trip for $485. And the most absurd of the cheap flights to Brazil that I found is without a doubt, Los Angeles to Rio de Janeiro with one connection each way for $350!