GOL states Brazilian airports will reach capacity before World Cup
GOL Airlines CEO Constantino de Oliveira Jr stated that even is all airport investments in Brazil go ahead as planned, the country will still reach full airport capacity before the 2014 Football World Cup (Financial Times, 18-Nov-2010). Twelve Brazilian cities will host World Cup events. Traffic forecasts by Infraero estimate traffic could increase from 119 million passengers in 2009 to 165 million in 2014. Infraero has committed USD3.5 billion to airport upgrades prior to the 2104 World Cup and 2016 Rio De Janerio Olympic Games. Between 2007 and 2010 Infraero invested only USD478 million of the USD1.6 billion set aside for airport investment.