Uncategorized
Brazil increases foreign ownership limit to help local airlines
Brazil increased the limit on foreign ownership of local airlines in a bid to help carriers get through the economic crisis. A provisional measure signed by President Dilma Rousseff allows for as much as 49 percent ownership, up from the current 20 percent. It may attract investments in local airlines, which are facing reduced revenues ... <a title="Brazil increases foreign ownership limit to help local airlines" class="read-more" href="https://aviationtribune.com/uncategorized/brazil-increases-foreign-ownership-limit-to-help-local-airlines/" aria-label="Read more about Brazil increases foreign ownership limit to help local airlines">Read more</a>