Brazil’s five largest airports will be managed under concession by private sector

Wednesday, April 27th 2011 - 08:54 UTC

Full article 3 comments

Brazil is planning to hand over the country's five largest airports to the private sector through concession agreements, in an effort to accelerate upgrades ahead of two major international events, Brazilian presidential Chief of Staff Antonio Palocci said Tuesday. Read full article

Comments

Disclaimer & comment rules

GeoffWard
So, the State can't do the job - so hand the job to the private sector.

Then, when the airports are working properly, profitably, and rebuilt to the planned future capacity . . . . . nationalise them again
:-)

Totally acceptible behaviour if you believe in - what was it? - Economic Democracy.
Apr 27th, 2011 - 02:18 pm - Link - Report abuse 0
-+
Think
“Totally accept”A“ble behaviour if you believe in - what was it? - Business.

I quote:
”The government plans to issue licenses for services at the international airport in the city of São Paulo, along with the Viracopos airport in Campinhas, about 100 kilometers north, and Brasilia’s airport. Palocci didn’t say what kind of model the government will adopt for those airports, such as if the licensees will own or just operate the terminals.”
Apr 28th, 2011 - 03:01 am - Link - Report abuse 0
-+
GeoffWard
:-)

The British Government sold/licenced Heathrow & Gatwick to BAA, a Spanish company, who now find that the price they bought at gives them 'negative profits flows' even with the HUGE throughputs via Heathrow.

Beware the 'business';
take safety in the soft protection of 'economic democracy'
- slower, less profitable, less answerable to shareholders, but hell, they're only airports - incredibly tiny things in the vast spaces of Brasil.
;-)
Apr 28th, 2011 - 11:27 am - Link - Report abuse 0
-+

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!