Santiago International Airport announces concession contract extension until 2038
CAPA News Briefs
CAPA publishes more than 1,000 global News Briefs every week, covering all aspects of the aviation and travel industry. It’s the most comprehensive source of market intelligence in the world, with around 50 per cent of content translated from non-English sources. The breadth of our coverage means you won’t need any other news sources to monitor competitors and stay informed about the latest developments in the wider aviation sector.
Our daily News Briefs are only available to CAPA Members
Membership provides access to more than 1,000 News Briefs every week, with quick links to our Analysis Reports, Research Publications, Data Centre and more.
It’s easy to keep your News Briefs relevant by customising your email alerts based on topic, region, sector, frequency and more. Once you’ve saved your settings, you can stay up-to-date wherever you are, by quickly scanning our News Briefs online or via the CAPA mobile app.
Membership also provides full access to our Analysis Reports, in-depth Research Publications and comprehensive Data Centre. Premium CAPA Members can also access add-ons such as our exclusive Fleet Database, Airline Cask Data tools and more, to enjoy the full capabilities of our global platform.
Background ✨
Nuevo Pudahuel previously planned to seek ICSID arbitration against Chile’s Ministry of Public Works, citing COVID-19 impacts and requesting a concession extension after estimating USD37 million in losses; Minister Alfredo Moreno said the government had no obligation to cover the company’s losses.1 Nuevo Pudahuel also reportedly opened dialogue with the Ministry to extend the concession beyond 2035 due to pandemic-related impacts.2 ALTA executive director Luis Felipe de Oliveira said Chile reviewed Santiago’s concession fee structure, arguing the government’s roughly 78% revenue participation raised airport costs.3