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Home International Customs

Brazil Customs to auction seized aircraft

byMonitoring ReportandSaleem Jadon
01/11/2013
in International Customs, Latest News
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BRASILIA: Brazilian tax authorities will auction a Challenger 300 and a Falcon 900 seized last June, supposedly imported by Brazilians without payment of customs duties, on November 25.

The 17-month seizure-to-auction cycle is rapid for Brazil, which is working to clear Viracopos Airport of aircraft that deteriorated to scrap while the courts debated their fate.

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The minimum bid for the 2009 Challenger, US registration N290CL and S/N 20290, is R$29 million ($12.85 million at the current rate). The opening bid for the 1987 Falcon,N900CZ and S/N14, is R$11 million ($5.05 million).

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