Brazil Lower House passes bill allowing foreigners 100% stake of national carriers

Friday, June 24th 2016 - 09:03 UTC

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Brazil's Chamber of Deputies approved this week an executive order allowing foreign investors 100% ownership of Brazilian airlines, compared to the current 20% limit, although the implementation depends on approval from the Senate. Read full article

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Why the national carriers only? Why not in the govt. owned industries as well? NONE are making profits and are the burden to the taxpayers anyway!
Jun 29th, 2016 - 12:57 pm - Link - Report abuse 0
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