Charter & Fractional
Legal Framework for Fractional Shares Coming in Brazil
Proposed new fractional-share rules in Brazil will be equivalent to those under the U.S. FAA's Part 91K.

Fractional shares of business aircraft are a growing market in Brazil, despite or perhaps because of the difficult economy, because they allow buyers to fly a larger aircraft with a smaller capital investment. One factor hindering the market is the lack of specific regulation, similar to the FAA’s FAR Part 91K. To address this issue, ANAC is asking for public comments on proposed regulation of shared-ownership aircraft operations in Brazil. The agency announced the request on August 8, with a goal of collecting comments by September 6, “for the elaboration of a specific general aviation standard, aiming to establish clear requirements and limits for the administrators of aircraft sharing programs and to stimulate the development of the country’s private air services market.”


Loading…