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Brazilian airport privatisation pushed along by World Cup, Olympics

12-Jan-2011

Brazilian President Dilma Rousseff, who took office on 01-Jan-2011, has reportedly made two decisions already on the privatisation of Infraero-operated airports and terminals in view of the growing urgency to improve infrastructure in advance of the 2014 World Cup and 2016 Olympic Games. In one she plans to privatise new terminals at two Sao Paulo airports; in the other to enable Infraero to conduct an IPO. [2137 words]

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Subheadings:

  • Brazilian airlines to run terminals
  • Rio to sell international infrastructure bonds
  • Less than a quarter of airports profitable
  • Emphasis swings back towards concessions
  • Fraport a strong contender; ACSA could add value
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