Olympic dash – Rio ‘confirms’ privatisation of Galeao airport (and Moscow adds Sheremetyevo)

Following rapidly in the wake of decision to award to the 2016 Olympic Games to the city of Rio de Janeiro, two years after the FIFA Soccer World Cup is to be held in Brazil, the authorities moved equally quickly to confirm that the city's main Galeao International Airport will be privatised and modernised in advance. At the same time, the actual method was left open for further consultation. The announcement came in the same week that Russian authorities announced the privatisation of Moscow's Sheremetyevo Airport in 2010, part of a raft of measures to sell off equity in state firms.