Brazil · Aviation Policy

Key Facts

—Approval: Brazil’s monetary council greenlit a R$1 billion ($179 million) Brazil airline credit line on Wednesday May 20 covering working capital at domestic carriers, with the Ports and Airports Ministry announcing the rules on Thursday.

—Trigger: Jet fuel prices in Brazil have climbed roughly 90% in 2026 after Petrobras raised wholesale rates 54.6% in April and another 18% on May 1, lifting fuel to about 45% of total airline operating costs.

—Terms: Loans run up to six months at 100% of the interbank benchmark rate, with each beneficiary capped at 1.6% of 2025 gross revenue or R$330 million ($59 million), whichever is lower.