Brazil moves to raise foreign investment cap
Brazil's Civil Aviation Council last week approved a draft law increasing the maximum amount of foreign ownership in Brazilian airlines to 49% from 20%, Dow Jones reported. The proposal will be sent to the National Congress.
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
