TAM Archives - Aviation News

Brazil May Relax Regulation on Foreign Control of Airlines

2016-05-09

Reading Time: 2 minutes In the wake of a continued downturn in Brazil’s economy, combined with the worst crisis the aviation industry has witnessed there in years, the Brazilian government could, under the leadership of the current Vice President, Michel Temer, relax the regulations surrounding controlling stakes in local airlines to allow greater foreign control. Current legislation restricts foreign […]

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