Regulations and Government
LABACE Opening Sees Welcome Optimism
Many factors both governmental and economic are rapidly laying the groundwork for GA to prosper in Brazil and beyond.

LABACE 2019 opened with assurances of the importance of general aviation to the aviation industry, and to Brazil, by government authorities on the ground and in the air. “The economy” is the wind that propels the business aviation market, and the keynote speaker—economist and former Central Bank director Alexandre Schwartsman—gave a compelling explanation of how this recession has been deeper and longer than any other since the turn of the millennium and the recovery slower than any in the last 40 years. He also explained why pension reform and other government reforms are of such importance to balanced growth.


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