End to Foreign Ownership Cap of Brazilian Airlines
The Brazilian Federal Government recently published Medida Provisória No. 863/2018 ("MP 863/18"), a new rule that amends Federal Law No. 7,565, of December 19, 1986 (Brazilian Aviation Code) and lifts the existing restrictions to foreign capital shareholding in Brazilian air transportation companies. As a result, foreign investors are from now on able to hold up to one hundred percent (100%) of the voting capital of Brazilian airlines.
Link to article
- The Private Equity, Venture Capital, and Start-up Ecosystem in the UAE: Recent Developments
- The Hong Kong Protests – Could This Happen in Singapore?
- USTR Announces List 4 Tariffs on $300B Imports from China While Continuing to Accept Exclusion Requests for List 3 Tariffs
- Conventional Thinking
WSG Member: Please login to add your comment.