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September 04, 2015 5:32 AM ET

Transportation Infrastructure

Company Overview of INFRAERO - Empresa Brasileira de Infra-Estrutura Aeroportuaria

Company Overview

INFRAERO - Empresa Brasileira de Infra-Estrutura Aeroportuaria manages airports, air navigation stations, and cargo logistics terminals in Brazil. It offers air cargo storage and custom duty, commercial area, boarding, landing and stay tariff, and communication and air navigation auxiliary services. Its air navigation services provide safety to flights through the management services of air traffic, telecommunications, and meteorology. The company also provides leisure and shopping services. INFRAERO - Empresa Brasileira de Infra-Estrutura Aeroportuaria was founded in 1970 and is based in Brasilia, Brazil.

Estrada do Aeroporto

Setor de Concessionárias

Lote 5

Edifício Sede

Brasília, DF 71608-050

Brazil

Founded in 1970

Phone:

55 06 3312 3222

Fax:

55 06 3321 0512

Key Executives for INFRAERO - Empresa Brasileira de Infra-Estrutura Aeroportuaria

Chairman and President
Compensation as of Fiscal Year 2015.

INFRAERO - Empresa Brasileira de Infra-Estrutura Aeroportuaria Key Developments

Infraero Planning To Sell Airport Concession Stakes

INFRAERO - Empresa Brasileira de Infra-Estrutura Aeroportuaria is planning to sell some of its public-private partnership shares in five international airport concessions. Approximately 10% of the authority's stakes in the airports of Brasília, Confins (Minas Gerais state), Guarulhos and Viracopos (São Paulo state), and Galeão (Rio de Janeiro) will be sold, according to a proposal cited by local paper Folha de São Paulo. The objective is to boost Infraero's revenue for 2016, when the stakes would be sold, civil aviation minister Eliseu Padilha said, without disclosing how much the airport authority expects to make from the deal.

Empresa Brasileira de Infraestrutura Aeroportuaria Establish New Company in Partnership with Fraport AG

Empresa Brasileira de Infraestrutura Aeroportuaria (Infraero) is carving out its services arm, establishing a new company in partnership with Fraport AG. The news agency was citing Brazilian aviation minister Eliseu Padilha, who made the announcement while unveiling an infrastructure investment programme of USD 64 billion (EUR 57 billion). The newly created company will operate under the name Infraero Servicos, the aim being to launch the business as soon as possible.

Government May Privatise Up To Nine Airports By 2018

The government of Brazil has revealed that up to nine airports may be privatized by 2018. The civil aviation minister Eduardo Padilha however revealed that in cases where privatization is not possible airports will remain under INFRAERO - Empresa Brasileira de Infra-Estrutura Aeroportuaria's administration, dismissing the possibility of a public-private partnership. The first round of concessions, already announced, will include Salgado Filho International Airport, Florianopolis - Hercilio Luz International Airport and Deputado Luís Eduardo Magalhães International Airport. The list of privatizations may also come to include the airports of Recife Guararapes International Airport REC, Pinto Martins - Fortaleza International Airport and Afonso Pena International Airport, according to sources close to the process. The minister also indicated that although current airport operators may enter the privatization process, there will be restrictions regarding the geographical distance between airports administered by the same consortium.

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