CVC Brazil swings to first profit in a year, bookings up 4.9%

CVC, Brazil's largest travel agency, reported its first quarterly profit in a year, with confirmed bookings up 4.9% to R$4.4 billion, driven by Brazil while Argentina dragged. CEO Fabio Mader called it a 'turning point' after three consecutive quarters of losses, signaling a potential recovery in Brazilian consumer travel demand.

AI disclosure: Model-written summary of the source, not a verified fact. Check the sources. How Mosaic works