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Brazil's CCR looks to acquire more airport concessions in Latin America

Analysis

Private management of airports in Latin America is dominated by the giant Corporación América, but at a slightly lower level there are several other companies. Those companies are led by Brazil's CCR, which is mainly a road and rail operator specialising in toll roads but which has built up a hefty airport portfolio, mainly in Brazil, in the last few years.

With the Brazilian airport concessions reaching the end of the runway, CCR has declared that it wants to spread its wings throughout the continent where it already has a handful of airport assets, and it has been in talks with potential collaborators that might either co-invest in its existing assets or help it acquire new ones; or both.

With a lot of the low-hanging fruit already consumed in the region, the question is how ambitious CCR and these collaborators are.

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