On April 18, 2020, the National Civil Aviation Agency (“ANAC”) reported the release of the report prepared by the OECD, revealing improvement in the air transport sector. This is the Services Sector Restrictiveness Index (“STRI”), released by the OECD itself in 2014, taking into account the general laws and regulations for each sector.

In all, the economies of the 36 OECD Members and associates: Brazil, China, Colombia, Costa Rica, India, Indonesia, Malaysia, Russia, South Africa, and Thailand are analyzed. The information used is provided by the countries themselves, and is updated annually.

The 2019 report indicated that the airline sector index went from 0.49 to 0.279, taking on values between zero and one, being one of the most restrictive. The progress in the opening of the industry came as a result of the reforms that began in December 2018, which made it possible for Brazilian airlines to open up to foreign capital. The new laws allowed foreign investors to own and control 100% of the voting shares of a Brazilian airline that operates international and/or domestic traffic routes.

Of the total of 46 (forty-six) economies evaluated, Brazil now ranks 3rd among the most open countries in the air transport sector, second only to Colombia (2nd) and Chile (1st). The full report can be accessed via the following link:

The Aeronautical Law team at DDSA – De Luca, Derenusson, Schuttoff Advogados will continue to bring news on the subject to its clients and collaborators.

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