Brazil moves swiftly (at last) to award airport concessions
With the 2014 World Cup looming, less than two and half years away, and the government having faced mounting criticism from many quarters as to its tardiness in resolving infrastructure issues, the National Civil Aviation Agency (ANAC) moved swiftly this week to conclude the concession auction for three major airports, two in Sao Paulo and one in Brasilia. Together they handle 30% of Brazil's passenger traffic and 57% of cargo. While some of the participants are not exactly household names outside Brazil it is interesting to note that one of them is ACSA, which helped host the previous tournament.
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