Brazilian airport concessions: Rio and São Paulo to be included
The Brazilian airport concession programme took another unexpected turn when a further tranche - this time of 44 airports in six regional blocks - was reported to have been drafted on the orders of recently elected President Jair Bolsonaro.
Many of the most attractive airports, especially so to foreign operators and investors, appear to have gone already, but in this instance both the Santos Dumont Airport in Rio de Janeiro and Congonhas Airport in São Paulo will also be included.
But events in Belo Horizonte, where a secondary airport may be restored to full functionality, contrary to the understanding of the concessionaire on the primary one, threaten to impact negatively on the current and future tranches.
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