📋 Tender Overview
The Executive Management Committee of the Chamber of Foreign Commerce (Camex) approved this Thursday (27/11) the use of the Export Guarantee Fund (FGE) as a guarantee for financing aviation kerosene (QAv). Each company will be able to use up to R2 billion as a guarantee per year, but will have to prove decarbonization measures required as mandatory compensation.
We are building a set of measures to reduce the operating cost of airlines and the value of the fare for the consumer, said Minister Silvio Costa Filho, of Ports and Airports. Having the FGE as coverage when purchasing QAv, airlines will have an easier time negotiating better financing conditions and this has a positive impact on the ticket price, stated Costa Filho, remembering that the use of resources from the National Civil Aviation Fund (FNAC) was recently approved for loans at reduced interest rates for the purchase and maintenance of aircraft, which also has a direct impact on air fares.
To use the FGE as a guarantee, companies will have to commit to adopting specific decarbonization measures, such as the purchase of national sustainable aviation fuel (SAF), investments in SAF plants or contributions to the National Industrial and Technological Development Fund (FNDIT). The purchase of SAF is also a mandatory counterpart in the case of loans via FNAC, recalls the minister. Proof of compliance with the consideration must be carried out by an independent external audit.
All companies with regular domestic flights can request the guarantee. The maximum annual value per airline with a share of more than 1% in domestic flights will be R2 billion. Companies with smaller participation will be able to use up to R333 million.
Special Social Communication AdvisoryMinistry of Ports and Airports
