Brazil airports: fifth concession tranche completed at a premium

Premium Analysis

When it started with the concession on the greenfield airport Natal, São Gonçalo do Amarante, in 2011 – which was won by Brazilian and Argentinean companies – could anyone have imagined just how big the Brazilian airport privatisation procedure had become, subsequently attracting big international hitters such as Changi Airports, Flughafen Zurich, Fraport and Vinci Airports?

The latest tranche, or round, of these concessions has just been completed; smaller airports that, although ‘anchored’ on a bigger one, have in the main far less attraction than the São Paulo, Rio de Janeiro, Brasilia and Belo Horizonte airports that went before.

Nevertheless, they attracted bids hugely in excess of the minimum required, even more than in previous tranches in some cases, justifying the new Brazilian President’s cross-sector privatisation strategy, though what the future will actually hold for the concessionaires in a country still suffering from recession and stagflation, remains to be seen.

But the government is so confident that it is already pressing ahead with the next round.

Become a CAPA Member to access Analysis Reports

This CAPA Premium Analysis Report is 1,528 words.
Become a CAPA Member

Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.

Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.

CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 1,000 News Briefs every week and comprehensive data and analysis on thousands of companies around the world.