The National Bank for Economic and Social Development (BNDES) informed the Ministry of Ports and Airports (MPor) that it received requests totaling BRL 7.508 billion for the emergency credit line with resources from the National Civil Aviation Fund (FNAC), established by CMN Resolution No. 5.297/2026.
Azul, Gol, and Latam each submitted requests for BRL 2.5 billion, while Abaeté requested BRL 8 million. With the closing of the deadline provided in the National Monetary Council (CMN) resolution, BRL 492 million remained available in the financing line.
In a meeting held this Friday (17), the FNAC Management Committee decided to redistribute this remaining balance among Azul, Gol, and Latam, which corresponds to approximately an additional BRL 164 million for each company.
The Management Committee's resolution is expected to be published in the Official Gazette of the Union (DOU) next week. After publication, BNDES will be able to proceed with the analysis of the requests submitted by the companies, observing the procedures and requirements provided for in the regulation.
Credit Line
The emergency credit line was created by CMN Resolution No. 5.297/2026 and makes up to BRL 8 billion in FNAC resources available for working capital financing for airlines. Operations may have a payment term of up to 60 months, a grace period of up to 12 months, and an interest rate of 4% per year. Among the conditions established by the rule, beneficiary companies are prohibited from distributing dividends to shareholders during the period provided for in the regulation.
