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Aena is awarded the management of 11 airports in Brazil for 780 million

2022-08-18T18:48:02.445Z

The Spanish company becomes the first airport manager in the country, after making its largest investment abroad



Aena has been awarded this Thursday the management of 11 airports in Brazil, including Congonhas-São Paulo, in a public auction worth 2,450 million Brazilian reais, about 468 million euros.

In addition to this amount, in accordance with the concession regulations, 1,639 million Brazilian reais must be disbursed (in exchange, approximately 312 million euros) as mandatory commitments, for which the total amount of the operation amounts to 4,089 million Brazilian reals, approximately 780 million euros.

The group of 11 airports registered a total of 26.8 million passengers in 2019, 12% of the country's air traffic in that year.

Congonhas airport, with 22.8 million passengers a year, is the busiest in the group and the second busiest in Brazil.

These are the Congonhas, Campo Grande, Uberlândia, Santarém, Marabá, Montes Claros, Carajás, Altamira, Uberaba, Corumbá and Ponta Porã aerodromes.

The management of these eleven airports entails an obligation to pay a variable consideration with a grace period of four years, consisting of a percentage of gross income that increases from 3.23% to 16.15% per year.

According to the planning and studies carried out on the necessary investments, an investment of close to 5,000 million Brazilian reais (constant 2020 prices) is expected, 73% of which is expected to be made in the first phase of the concession, that is, until 2028.

Concession for 30 years

The signing of the contract is scheduled for February 2023 and the concession period is 30 years, with the possibility of five more, which shows Aena's long-term commitment to Brazil.

This is the largest international operation carried out to date by the Spanish airport operator, 51% owned by the State.

Aena Brasil already manages 100% of six airports in the Northeast region.

It will now operate a network of 17 airports in Brazil and will be the manager of the largest network of concessioned airports in the country.

The company is also present in the United Kingdom, with 51% management of the London-Luton airport, and in airports in Mexico, Colombia and Jamaica

“Despite the hard times we have gone through due to covid-19 and always with the priority of generating value for public and private shareholders and for workers, we are convinced that the internationalization of Aena is a guarantee for the future.

Brazil's potential is indisputable.

Its domestic traffic, for example, is 100% recovered”, the president of Aena, Maurici Lucena, remarked in a statement.

Source: elparis

All business articles on 2022-08-18

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