Foreign Ownership of Air Companies on Hold

Interim president, Michel Temer, has decided to hold off on deciding whether or not foreigners can own 100% of air companies in the country.

Currently, foreign companies can only own up to 20% of air companies in Brazil. Examples of foreign companies with ownership of Brazilian air companies include Delta and Air France owning shares of Gol and HNA of China and United Airlines possessing shares of Azul.


China has already invested in a highway linking Guyana and Brazil. See our piece on that Chinese to Invest in Brazilian Roadways

Read more from Folha de Sao Paulo Interim President Temer Reconsiders Decision Regarding Air Companies and Foreign Ownership