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15-Mar-2013 10:38 AM

Infraero revenue up 17.5% in 2012, mainly due to increase in commercial space

Brazil's Infraero announced (14-Mar-2013) revenue increased 17.5% year-on-year in 2012 to BRL1.3 billion (USD660 million), largely driven by an increase in commercial space at airports, according to Infraero commercial business superintendent Claiton Resende. Mr Resende stated, "Much of the increase was driven by the increased supply of [commercial] spaces at airports, by reviewing the types of shops and the market surveys conducted by Infraero, which widened the interest of entrepreneurs to be present at our airports." Mr Resende added, "For 2013, our goal is to reach again the BRL1 billion (USD507 million) mark in commercial revenues." Infraero operates over 60 airports in Brazil. [more - original PR - Portuguese]

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