Transport: Aviation in Brazil

Basch & Rameh

Aviation boutique firm Basch & Rameh is a key port of call for industry clients seeking assistance with financings, leasings, and the creation and registration of security interests. The team is also well-versed in regulatory issues concerning private and commercial aircraft, remotely piloted aircraft and helicopters. Dispute resolution also forms a part of the practice, which is also active in representing lessors in reorganisation proceedings. Renata Iezzi oversees the litigation arm of the department, while Marcela Correa is the go-to name for aircraft financings. Priscila Uliana handles cross-border deals and contract negotiations and Nicole Cunha primarily advises on asset finance transactions involving the aviation sector.

Responsables de la pratique:

Marcela Correa; Renata Iezzi; Priscila Uliana; Nicole Cunha


Autres avocats clés:

Bruno Mendes


Principaux clients

Avolon


Azorra


Sky Aero Management Limited


Milestone Aviation


Aircastle


Aercap


FTAI Aviation


Azorra


Jetstream Aviation Capital LLC


Macquarire AirFinance


EXIM Bank


TrueNoord


AerDragon Aviation Leasing Company Limited


Credit Agricole CIB


WNG Capital LLC


Deucalion Aviation


Genesis Aviation


P.K. AirFinance


Merx/Perseus Aviation


Babcock & Brown Aircraft Management


(BBAM)


BeauTech Power Systems


BOC Aviation (USA) Corporation


ICBC Aviation Leasing Company Limited


ORIX Aviation


ORIX Corporation


DAE Capital


Carlyle Aviation Partners


SMBC Aviation Capital


Nordic Aviation Capital


Castlelake Aviation


TrueNoord


Principaux dossiers


De Luca, Derenusson, Schuttoff Sociedade de Advogados

De Luca, Derenusson, Schuttoff Sociedade de Advogados stands out for its impressive track record in aviation finance, providing support to both domestic and multinational aviation companies and private individuals. The firm is also well placed to advise aviation clients on regulatory and litigation mandates. The team is led out of São Paulo by Ana Luisa Castro Cunha Derenusson, who brings extensive expertise across a broad range of aviation matters, including financing transactions, regulatory compliance, launching new airline ventures, and creating shared ownership structures. Arthur Costa Ventura Pintois and Milena Massa are noted for their expertise in aircraft financing, and contractual and regulatory matters. Maria Alice Vega Deucher is a name to note for civil litigation involving the aviation sector.

Responsables de la pratique:

Ana Luisa Castro Cunha Derenusson


Autres avocats clés:

Arthur Costa Ventura Pinto; Milena Massa; Lucas Augusto Pires; Giovanna Gamas Giuntini; Maria Alice Vega Deucher; Rita Godoy


Les références

‘I have worked with Ana Luisa Castro Cunha Derenusson and her team for close to 10 years. Ana provides exceptional service to our organisation and delivers prompt, professional and knowledgeable advice and guidance. Ana and her team are prompt when working on a transaction, they make client confidentiality a priority and are always willing to educate us where needed on cross-border transactions.’

‘The individuals that stand out the most would be Ana Luisa Castro Cunha Derenusson, Rita Godoy and Milena Massa. There is never a feeling that they are too busy to handle a transaction, question or issue for us. They take the time to explain and educate on specific documentation, issues, procedures and processes as needed. It is evident in their work and communication that Ana and her team are very knowledgeable, and experts in their field of work. We are confident in the advice and work they provide, and they make working with them so easy. ’

‘Ana Luisa Castro Cunha Derenusson and her team are always professional, communicate well, and are responsive. They have excellent client relationships. It is always a pleasure working with them and a joy to have such competent counsel on board.’

Principaux clients

Levu Transporte Aéreo e Logística Cargas S.A.


Modern Transportes Aéreos de Carga S.A.


Placar Linhas Aéreas S.A.


Prime Aviation 2 Participações e Serviços S.A.


Principaux dossiers


Machado Meyer Sendacz e Opice Advogados

Machado Meyer Sendacz e Opice Advogados has a well-regarded aviation practice, advising both domestic and international airlines on transactions, regulatory compliance, and litigation. The team is experienced in launching new airline operations in Brazil and frequently handles asset-based financing, leasing, and aircraft purchase and sale agreements. In recent years, the team has focused heavily on debt and fleet restructurings for airline clients and has provided critical support during crisis situations, including major incident management. Practice head Fabio Falkenburger, a specialist in airport and aviation law, advises on project financing, airport concessions, and regulatory matters, and is also well-versed in M&A, aircraft leasing and financing. Vitor Barbosa works closely with Falkenburger and focuses on aviation finance. Pedro Amim advises on a range of cross-border and domestic financing, leasing, and operational matters.

Responsables de la pratique:

Fabio Falkenburger


Autres avocats clés:

Vitor Barbosa; Pedro Amim


Les références

‘Very responsive. Excellent work product. Great relationship. We always know Machado Meyer Sendacz e Opice Advogados will take care of our legal needs in Brazil. They have a vast knowledge of our industry in the region.’

‘We can always count on Fabio Falkenburger. He and his team deliver an excellent work product, in a very responsive manner, for all our legal requirements in Brazil. Pedro Amim works quickly to produce/solve our legal requirements in Brazil. ’

‘The technical support that the firm provides us is very different. The analyses are well-founded, detailed and always within the deadlines.’

Principaux clients

AerCap


FTAI Aviation – Fortress Transportation and Infrastructure Investors


Credit Agricole CIB


PK Airfinance S.A.r.l


Avion Express


LATAM Airlines Group S.A.


TAM Linhas Aéreas S.A.


PETROBRAS LOGÍSTICA DE E&P S.A. – PB-LOG


JPMorgan Chase, NA


Deutsche Bank S.A. – Banco Alemão


Bank of America, NA


Mercado Livre


Abelo Aviation


BTG Pactual S.A.


Itaú Unibanco S.A.


Automatic LLP


Principaux dossiers


  • Advised AerCap Holdings on a major debt restructuring in 2024, involving the renegotiation of over R$28bn in debt, including significant aircraft leasing obligations.
  • Assisted AerCap Holdings with the issuance of a note secured by cross-collateralised receivables, including agreements for early return of certain aircraft and the delivery of others under new lease terms.
  • Advised TAM Linhas Aéreas on aviation law matters, focusing on aircraft financing, lease agreements, and sale and purchase transactions involving aircraft, engines, auxiliary power units, and other aircraft components.

Costa, Albino & Rocha Sociedade de Advogados (CAR)

Costa, Albino & Rocha Sociedade de Advogados (CAR)’s aviation team is headed by insurance law expert Julio Costa, who is highly experienced in managing complex cases related to aviation accidents and crashes. The team provides advice to both domestic and international airlines and airports, with a strong focus on (re)insurance matters and crisis response during incidents. Its expertise spans a wide range of scenarios, including commercial aircraft, military, and helicopter crashes, as well as natural disasters impacting airport infrastructure, such as flooding.

Responsables de la pratique:

Julio Costa


Autres avocats clés:

Eduardo Penna


Les références

‘Julio Costa is the best insurance lawyer in Brazil with connections abroad.’

‘The firm’s founders and team of lawyers are highly experienced professionals with in-depth knowledge of insurance and aviation, as well as any developments in insurance coverage worldwide. They are proactive, easy-going, and highly experienced and senior lawyers. They are available to support clients and discuss issues arising from insurance policy coverage, legal developments, agreements, civil liability, third parties, accidents, and other aspects of the subject. In my opinion, this is the firm with the greatest expertise in insurance and aviation, not only in Brazil but also in Latin America.’

‘Julio Costa, in particular, in addition to his extensive experience in insurance, aviation, accidents, among other topics, is an easy-going person, always willing to help, understands the client’s needs well, is always proactive, a very trustworthy and kind person, and has full command of the subject. A great professional for whom I have the utmost respect and admiration.’

Principaux clients

GOL Transportes Aéreos


Azul Linhas Aéreas


RIOGaleão


GRU Airport


AXA Seguros


Essor Seguros


Starr International Brasil


Passaredo Linhas Aéreas (VoePass)


Fairfax Seguros Corporativos


Mapfre Seguros Gerais


Principaux dossiers


Pinheiro Neto Advogados

Pinheiro Neto Advogados centres its practice on transactional and regulatory work for the aviation sector. The firm advises both domestic air carriers and international aviation companies on M&A, insolvency proceedings, joint ventures and financing transactions involving cross-border elements. Practice head Caroline Guazzelli Queiroz Gomes is sought out for her extensive experience in aircraft finance and leasing structures, and purchase and sale transactions. She is assisted by Antonio de Paula Siqueira Filho, who brings broad expertise in aviation finance.

Responsables de la pratique:

Caroline Guazzelli Queiroz Gomes


Autres avocats clés:

Antonio de Paula Siqueira Filho


Principaux clients

Bank of America


IC AirLease One


OHI Group


OMNI Táxi Aéreo


Revo


OTA Hold Brasil


Export-Import Bank of the United States


Lombard North Central Plc


Vmo Aircraft Leasing


Société Générale


Amazon


AMCK Aviation


Principaux dossiers


Veirano Advogados

Airline carriers, lessors, banks and other aviation stakeholders regularly turn to Veirano Advogados for assistance in sophisticated finance transactions. The team has strong expertise in commercial and corporate aircraft deals - often involving cross-border elements - and is well positioned to advise on regulatory frameworks and operational requirements. Practice head João Paulo Servera stands out for his expertise in financing transactions involving commercial aircraft, aircraft engines, offshore helicopters, and other aviation equipment. He is also highly experienced in commercial litigation, having represented clients in matters related to aircraft repossession and insolvency proceedings. Reginaldo Sorrenti acts for investors, banks and lessors in asset and project finance.

Responsables de la pratique:

João Paulo Servera


Autres avocats clés:

Julia Branco Peres Dib; Reginaldo Sorrenti; Maria Eduarda Mendonça


Les références

‘Its local and international knowledge of the helicopter industry is excellent. A very safe pair of hands. Proactive when it comes to  practical matters and a great commercial sensibility .’

‘João Paulo Servera is excellent. Julia Branco Peres Dib and Reginaldo Sorrenti provide fantastic support as well. ’

 

Principaux clients

Smartlynx Airlines Malta LTD


Passaredo Transportes Aéreos S.A.


Thora Capital LLC


Titan Helicopter Group


CHC Leasing S.A.R.L.


CHC Helicopter Group


CHC do Brasil Taxi Aéreo S.A.


TVPX Aircraft Solutions Inc.


Macquarie Rotorcraft Leasing


Hamden Aviation XXV LLC


World Star Aviation


SMBC Aero Engine Lease B.V.


Jet Support Services, INC – JSSI


Papalima Patrononial LTDA


Concessionária do Aeroporto Internacional de Guarulhos (GRU Airport)


Investec Bank PLC


Airbus Brasil – Helibras


TAM Aviação Executiva e Taxi Aéreo S.A.


Oakstar Cargo Opportunities


CDB Aviation


Bocomm Aviation Leasing


Líder Taxi Aéreo S.A.


Rotortrade Services PTE LTD


Airbus Financial Services


Airbus S.A.S


Embraer S.A.


Lockheed Martin


Principaux dossiers


  • Advised Hamden Aviation on the leasing of a Boeing 737-400F to Total Linhas Aéreas.
  • Advised Passaredo Airlines on its strategic partnership with Latam Airlines, including a slot swap at a major Brazilian airport alongside a capacity purchase agreement and codeshare agreement.
  • Advised CHC on aircraft fleet management, and the delivery, completion, and restructuring of finance transactions for four Sikorsky S-92A helicopters.

ASBZ Advogados

ASBZ Advogados fields a team of aviation litigation specialists, who are skilled at advising international and domestic airlines, charter companies, associations and service providers. The team's expertise encompasses administrative and judicial disputes related to consumer and passenger rights, regulatory compliance, aircraft financing, logistics and air cargo operations. The firm also has experience in handling regulatory and transactional issues for the aviation sector. The São Paulo team is co-led by aviation expert Guilherme Amaral, Thiago Carvalho, a name to note for regulatory matters and aviation claims, and Priscila Zanetti, who excels in aeronautical and consumer law disputes.

Responsables de la pratique:

Guilherme Amaral; Thiago Carvalho; Priscila Zanetti


Les références

‘This firm performs excellently in the aviation sector. It serves as a key resource for lawyers from various airlines, providing efficient feedback of information between clients and the firm. Its clear positions and quick response times are essential in the aviation sector.’

‘Thiago Carvalho and his team are exceptional, always very open to exchanging information and quick to present their technical positions.’

 

Principaux clients

United Airlines


Societe Air France


American Airlines


Emirates


Iberia Lineas Aereas De España


Trasportes Aereos Portugueses – TAP


Alitalia Compagnia Aerea Italiana


Gol Linhas Aereas


Singapore


El Al Israel


ITA Airways


Jurcaib – Association Of International Airlines In Brazil


British Airways


Klm – Koninklijke Luchtvaart Maatschapij N.V


Azul Airlines


Abrapac – Brazilian Association Of Civil Pilots


IATA – International Air Transport Association


KN – Kuehne+Nagel Logistic


Turkish Airlines


Korean Air


Aer Lingus


Qantas Airways


Principaux dossiers


  • Advised JURCAIB on regulatory consultation processes with ANAC, including Resolution 12.307/2023 and subsequent review proposals, addressing the regulation of transporting pets and emotional support animals in aircraft cabins.
  • Advised TAP on an administrative proceeding initiated by the IRS to demand disclosure of PNR data under penalty of R$5k per flight retroactive to five years.
  • Advised IATA on challenging the Environmental Preservation Tax imposed on landing and take-off activities at GRU Airport under Guarulhos’ Municipal Law No. 8,014/2022.

Demarest Advogados

Demarest Advogados‘ aviation team focuses on transactional matters, primarily advising multinational and international banks, while also supporting airline carriers, manufacturers, and other aviation stakeholders. The São Paulo-based team is led by Gabriel Kuznietz, who regularly acts for airlines in cross-border corporate and M&A matters. Marcelo Guaranys oversees the practice in Brasília, focusing on regulatory matters involving the aviation sector. The team frequently handles cross-border mandates involving key jurisdictions such as the US, Europe, and various Latin American countries.

Responsables de la pratique:

Gabriel Kuznietz; Marcelo Guaranys


Principaux clients

LATAM Airlines Group


Aerolíneas Argentinas / Austral / Aerolíneas Cargo


Gol Linhas Aéreas


Meli Air – Mercadolivre Envios Serviços de Logística


Delta Airlines


Iberia Líneas Aéreas


Virgin Orbit


Air France / KLM


Embraer / Eleb / Savis


Azul Linhas Aéreas Brasileiras


Principaux dossiers


  • Advised Citibank, Santander, J.P. Morgan, Deutsche Bank and other lenders on Latam’s $1.4bn 7.875% notes due 2030 offering.
  • Advised a conglomerate of banks on Latam’s $456m secondary follow-on offering.
  • Assisted Socicam Infraestrutura e Participações with the evaluation and preparation of an international bid for the expansion, operation, maintenance and investments required to explore the 22 Regional Airports.

Leal Andreoli Advogados

established by aviation specialist Roberta Andreoli, Leal Andreoli Advogados advises aviation companies, associations, organisations and individuals on regulatory and transactional issues. The practice is particularly recognised for its expertise in eVOTLs and drones, complemented by a strong foundation in traditional aviation law. Its capabilities also extend to airport infrastructure, aircraft financing, and aviation agreements. Andreoli leads the practice, bringing deep knowledge in urban air mobility, air medical transportation, aircraft financing, and the structuring of aviation operations.

Responsables de la pratique:

Roberta Andreoli


Les références

‘The only law firm that specialises in the topic of new unmanned aviation, in addition to having extensive experience in manned aviation processes as well.’ 

‘Roberta Andreoli has in-depth legal knowledge of aviation processes, as well as a great willingness and interest in continuing to evolve even in less well-established topics, such as unmanned aviation.’

‘The firm is very dedicated to providing its services and always seeks to meet the client’s demands in the best possible way.’

Principaux dossiers


Mattos Filho

Mattos Filho‘s São Paulo-based aviation practice leverages the firm’s regulatory and transactional expertise to advise both domestic and international airlines. Operating within the infrastructure and energy group, aviation matters are frequently led by insurance specialists working in close collaboration with experts in aviation law. Thiago Fernandes Moreira has strong expertise in advising constructors and contractors on contractual matters related to aviation-sector projects. For specialised aviation law issues, Marcelle Fazzato Lopes Funari and Felipe Kotait Buchatsky are the key contacts, handling aircraft finance transactions and advising on contractual and regulatory aspects of aircraft operations, respectively.

Principaux clients

Azul Linhas Aéreas Brasileiras S.A.


GOL Linhas Aéreas S.A.


United Airlines


Qatar Airways


Passaredo


Air Jet Táxi Aéreo


Aero Rio Táxi Aéreo Ltda.


Omni Táxi Aéreo Ltda.


Helicidade Heliporto Ltda.


Aena


Concessionária Aeroporto Rio de Janeiro (CARJ)


Vinci Airports


Associação Brasileira das Empresas Aéreas (ABEAR)


Air Jet Táxi Aéreo Ltda.


Ifood.com Agência de Restaurantes Online S.A.


Principaux dossiers


  • Assisted Ad Hoc Group of Azul Bondholders with Azul’s restructuring, starting with the issuance of notes by Azul Secured Finance II LLP, through which the Ad Hoc Group provided $150m to Azul.
  • Assisted Azul Linhas Aéreas Brasileiras S.A. with general legal advice on regulatory matters before local and foreign authorities.
  • Assisted Concessionária Aeroporto Rio de Janeiro with discussions concerning the renegotiation to restructure its concession agreement.

Montgomery & Associados

Montgomery & Associados is experienced in advising foreign air carriers and aviation companies on Brazilian legal matters impacting their operations. The team provides ongoing support to clients on corporate and regulatory issues, tax matters, and antitrust regulations, and is equipped to assist international airlines with establishing air routes to Brazil. Neil Montgomery leads the team from São Paulo, centring his practice on regulatory, corporate, labour and employment matters. Key team members also include Cristiane Silva de Oliveira, who assists airlines and aircraft lessors with repossession claims, and Daniel Massini, who advises foreign airlines on establishing both scheduled and non-scheduled operations to and from Brazil.

Responsables de la pratique:

Neil Montgomery


Autres avocats clés:

Cristiane Silva de Oliveira; Daniel Massini


Principaux clients

South African Airways


Air New Zealand


Aerolíneas Argentinas / Austral


FB Líneas Aereas (“Flybondi”)


Virgin Atlantic Airways


Heavyweight Air Express


Air Malta – represented by Discover the World


TM Aerolíneas (Awesome Cargo)


ATC Aviation Services


Principaux dossiers


  • Advising Awesome Cargo from Mexico on obtaining all legal permits required to operate charter cargo flights to Brazil.
  • Advised Flybondi on all Brazilian law matters, including the handling of more than 1,000 active passenger claims.
  • Advised Informa Markets on the legal impacts and consequences of the accident involving a helicopter during the agribusiness event Agrishow 2024.