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Aviation News Item: 23324

3rd Feb 2012

ASUR and Advent place joint bid on Brazilian airports

Source: ubmaviationnews.com

Grupo Aeroportuario del Sureste (ASUR) and private equity firm Advent International have made a joint bid to run three Brazilian airports.

The two wish to operate and expand the Brasilia, Guarulhos and Campinas airports, however the partners can only be awarded the deal for one of the airports. The winning group for each airport will be required to form a joint venture with Empresa Brasileira de Infraestructura Aeroportuaria, or Infraero, in which the bidding group would be the majority shareholder and Infraero would be the minority shareholder. Terms of the concessions are 25 years for the Brasilia airport, 20 years for Guarulhos and 30 years for Campinas.

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