Aircraft Fractional Ownership – Summary of new rules, challenges, and most significant risks
Ricardo Bernardi and Lucas Bernardes Augusto, partners at Bernardi & Schnapp Advogados, published an article in the Lexology bulletin commenting on the ANAC’s edition of Resolution 606/2021, which regulates the operation of private aircraft based on a shared ownership program.
The creation of the new regulation is the result of a deep discussion between ANAC and different members of the aeronautical industry over the years – mainly in two public hearings held in 2015 and 2019 – and follows guidelines adopted abroad, especially by the FAA (Federal Aviation Administration ), the United States Civil Aviation Authority.
