Avantto Prepares for New Brazilian Fractional Aircraft Law
Fractional ownership could become common in Brazil with providers awaiting a Subpart K equivalent, due later this year.

The remarks by Brazil’s Secretary of Civil Aviation, Dario Reis Lopes, at the LABACE show opening session included a specific reference to easier expansion of the fractional-share aircraft market in the country. Rogério Andrade, president of fractional share pioneer and aircraft management company Avantto, speaking to AIN later in the show, explained, “Specific legislation will be approved by the end of the year, modeled on FAR 91 [Subsection] K”–the U.S. rules governing fractional share programs. “Avantto made several contributions to the [new Brazilian] legislation,” he confirmed.

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