Privatizes four airports

On 16 March 2017, Brazil awarded three European groups the rights to operate four airports. The companies committed to investing at least 6.61 billion Reais in the airports and to paying the government an additional 2.26 billion Reais in operating fees over the next 30 years.

• Type:

  • Entry and establishment (Ownership and control)

• Industry:

  • Services (Transportation and storage)

• Sources:

  • BrazilGovNews, Federal government raises R $ 3.7 billion with auction of four airports, http://www.brazilgovnews.gov.br/news/2017/03/federal-government-raises-r-3-7-billion-with-auction-of-four-airports, 16 Mar 2017
  • Financial Times, Brazil makes privatisation headway with airport sales, https://www.ft.com/content/4deb3541-d455-3a39-a51f-ebd94095aa98, 17 Mar 2017
  • Reuters, Brazil auctions airports in promising start to privatizations, http://www.reuters.com/article/brazil-infrastructure-airports-idUSL2N1GT101, 16 Mar 2017