Airlines Subsidy: Up to R$ 1.2 Billion in Present Value Credit Subsidy
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Insights by Echo AI
The emergency line of R$ 8 billion prepared by the Brazilian government for airlines may carry up to R$ 1.22 billion in present value credit subsidy. The estimate is contained in documents from the National Monetary Council analyzed by Radar Econômico. Azul, Gol, and Latam could absorb up to R$ 7.992 billion together, equivalent to 99.9% of the resources. The financing also does not require the opening of new routes.
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