GAP expresses interest in Brazilian airport privatisations

Grupo Aeroportuario del Pacifico (GAP) has expressed interest in participating in the privatisation of several airport terminals in Brazil (cnnexpansion.com, 09-Feb-2011). GAP has established a partnership with an unnamed Brazilian construction company to pursue opportunities in the country. Within Mexico, GAP has expressed interest in building and operating the planned Riviera Maya Airport. In late Jan-2011, Asur expressed interest in joining the airport privatisation process in the Brazilian market. Asur President Fernando Chico stated: "We're definitely interested in Brazil and other airports in the region ... like Puerto Rico, Dominican Republic and Guatemala."

GAP: "We have intentions to participate in the privatisation of airports in Brazil ... We will be waiting in the first quarter to see what develops in Brazil, given the events that will follow [Olympics and World Cup]. There are a number of airports, but the initial projects will be small to medium-sized airports with 3 to 5 million passengers (per year)", Miguel Aliaga, Investor Relations. Source: cnnexpansion.com, 09-Feb-2011.