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Brazil Customs to auction seized aircraft

Brazil Customs to auction seized aircraft

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.

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).