The board of directors at Spain’s state-owned airport operator Aena Aeropuertos has approved the company’s participation in the tender process to expand, maintain and operate three airports in Brazil.
In October last year, a consortium consisting of Aena Aeropuertos Internacional and OHL Concesiones entered the bidding process for the airports of Brasília, Guarulhos in São Paulo, and Viracopos-Campinas.
Aena Aeropuertos International is a subsidiary of Aena Aeropuertos, the Spanish airport operator which currently manages 47 airports and two heliports in Spain, and is involved, directly and indirectly through Aena Aeropuertos International in the management of 27 other airports around the world.
OHL Concessions is an international developer and operator of private transport infrastructure concessions, with activity in highways, airports, railways and commercial ports.
The Brasília Airport concession is set to last 25 years and the concessions of Guarulhos and Viracopos airports are for 20 and 30 years, respectively. The airport auction is expected to take place on February 6.
The eventual concessionaires will need to invest $1.51 billion in Brasília, $2.6 billion in Guarulhos, and $5 billion in Viracopos.
The privatization is expected to help prepare the airports to handle the influx of tourists during the 2014 World Cup.
Brazil's national airport authority Infraero will maintain 49% stakes in each of the airports.
Meanwhile, Aena's board also approved the new Spanish government’s decision earlier this week to cancel the sale of 90% of the company's stakes in Madrid's Barajas and Barcelona's El Prat airports.
On Monday (January 23) the country’s new public works minister Ana Pastor said that the current economic climate was not conducive to the sale of the Spain’s biggest airports and as a result it would be put on ice.
Last year the previous government announced plans to sell the national airport authority Aena’s majority stakes in Madrid Barajas and Barcelona–El Prat while at the same time work on the privatisation of up to 49% of its assets.
Pastor said it would now suspend the plans to privatise the two main airports, due to challenging market conditions.