Brazil national monetary council approves rules for $740 million financing to airlines

LATAM Airlines

30/10/2025 19:41

SAO PAULO, Oct 30 (Reuters) - Brazil's National Monetary Council (CMN), the country's top economic policy body, on Thursday approved rules for a 4 billion-real ($740.21 million) financing program for airlines, the Ministry of Ports and Airports said.

The loans will be made with resources from national aviation fund FNAC, the ministry said in a statement, adding the program  will have six credit lines with interest rates ranging from 6.5% to 7.5% per year.

($1 = 5.4039 reais)

 (Reporting by Andre Romani, Editing by Natalia Siniawski)

 ((Andre.Romani@thomsonreuters.com; 11 991314109;11 56447500;))