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A study of the impacts of a change in the restrictions of foreign ownership of airlines in Brazil

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Author(s): Yuri Tavares Kretzmann

Journal: Journal of Transport Literature
ISSN 2238-1031

Volume: 4;
Issue: 2;
Start page: 101;
Date: 2010;
Original page

Keywords: air transportation | corporative governance | financial markets | regulation

ABSTRACT
This work aims to analyze the consequences of changing the foreign capital restriction in Brazilian airlines. Other countries’ legislations and situations were studied and local law vulnerability and flaws are shown as the process of Varig acquisition is shown. The qualitative consequences are followed by a quantitative analysis to measure the financial impact of a change in foreign capital restriction in terms of selected airlines market values.
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