☀ Domingo Brief — Election Day in Mexico

Each Sunday, take two minutes to catch key stories and opportunities shaping Latin America.

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Welcome back to the Domingo Brief! This week, we’re looking to airline intrigues in Brazil, the launch of a new transatlantic investment initiative, and more.

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Trivia of the Week

A meager 37% of you were correct in guessing that Brazil was the country commemorating 200 years of diplomatic relations with the United States last Sunday. The two largest countries of the Western Hemisphere first established ties on May 26th, 1824, when Brazil was a monarchy, the US had fewer than half its present number of states, and both countries had a whole lot of slaves.

This week, an opinion question rather than trivia; all answers are anonymous, even to us.

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🇧🇷 Azul could be acquiring Gol? That’s just one possibility on the line following reports of conversations between Azul, which is one of Brazil’s big 3 airlines, and Gol parent company Abra Group (which also owns the Colombian giant Avianca). With talks between the airline heavyweights, it’s possible that Brazilian airspace, already heavily concentrated into just 3 companies, could well see further consolidation through either a joint venture, merger, or acquisition.

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🇲🇽 Mexico is holding the largest elections in its history today. In addition to the high-profile race for president between Claudia Sheinbaum and Xóchitl Gálvez (and to a lesser degree Jorge Máynez), there are all 128 seats in the Senate and all 500 seats of the Chamber of Deputies up for grabs.

Latinometrics: Coming at the end of a transformational era in Mexican politics, this election is all but guaranteed to present the country with its first female president. Claudia Sheinbaum, the MORENA nominee backed by President Andrés Manuel López Obrador, is widely expected to win the race for president; however, she might well have a weaker position in the congress than her mentor.