Brazil: Infraero’s role pruned again; key airports to be privatised
Once one of the largest airport operators in the world, with upwards of 200 million passengers a year, Infraero has undergone a waning of its influence for more than five years as a series of privatisation rounds has resulted in many of its most important airports being hived off under concessions.
Now, another round of concessions will result in it losing the only two airports on which it was making money, along with its navigational services: the last straw is a forthcoming round which will include the concession of São Paulo Congonhas Airport and Rio de Janeiro Santos Dumont Airport at the end of 2020.
The president of Infraero has described those airports as “the crown jewels… because they are the airports which give Infraero sustainability", and added that these airports bring in approximately 30% to 40% of Infraero's revenue.
It seems as if Infraero's future role will be to nurture small unprofitable airports before returning them to state governments; far less grand than the original plan the central government drew up for it.
Become a CAPA Member to access Analysis Reports
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.