4-Dec-2019 9:38 AM

Brazil ANAC commences study on wet leasing, business model still not possible in Brazil

Brazil ANAC announced (03-Dec-2019) it is initiating studies on changes to the definition of wet leasing and regulations surrounding wet leasing in Brazil. The wet leasing business model is still not possible in Brazil due to some restricting norms and regulations. EuroAtlantic Airways CEO Eugênio Fernandes commented on the business model, stating: "With wet leasing it is possible to have a rapid increase in capacity, probe new markets and routes with reduced risk for the carrier". [more - original PR - Portuguese]

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