Regulatory Alerts2026-05-20 | Resolução CMN 5305CMN Resolution No. 5,305 — Establishes Conditions for Working Capital Financing for Regular Air Service Providers
The Brazilian Central Bank, via the National Monetary Council, issued Resolution No. 5,305 to authorize up to R$1 billion in working capital loans for regular domestic air transport providers in 2026. The resolution mandates that Banco do Brasil S.A. administer these funds, which are capped at 1.6% of 2025 gross revenue per entity and must be disbursed in a single lump sum by June 28, 2026. Borrowers are required to declare the absence of legal impediments, the negative impact of geopolitical fuel price increases, and the operational necessity of the financing.
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