Brazil Unveils R$9 Billion Lifeline for Airlines

Key Points — The government published MP 1.349/2026 creating up to R$2.5 billion (~$430 million) per airline in FNAC-backed financing via BNDES, plus a R$1.5 billion (~$258 million) short-term credit facility with Union guarantee — totaling approximately R$9 billion (~$1.55 billion) for the three major carriers — PIS and Cofins on aviation kerosene (QAv) will […] The post Brazil Unveils R$9 Billion Lifeline for Airlines appeared first on The Rio Times.

Brazil Unveils R$9 Billion Lifeline for Airlines

Key Points — The government published MP 1.349/2026 creating up to R$2.5 billion (~$430 million) per airline in FNAC-backed financing via BNDES, plus a R$1.5 billion (~$258 million) short-term credit facility with Union guarantee — totaling approximately R$9 billion (~$1.55 billion) for the three major carriers — PIS and Cofins on aviation kerosene (QAv) will […]

The post Brazil Unveils R$9 Billion Lifeline for Airlines appeared first on The Rio Times.