Private operators take over Brazil's Fortaleza and Porto Alegre airportsStaff Writer | January 3, 2018
Fraport Brasil (a wholly-owned subsidiary of Fraport AG) started operations at Fortaleza’s Pinto Martins International Airport (FOR) and Porto Alegre’s Salgado Filho International Airport (POA).
LatAm 3,200 km by air from one another
Fraport AG won the FOR and POA concessions in March 2017 during a public auction of four airports under Brazil’s third round of airport privatizations.
Some BRL 600 million is expected to be invested at each airport for infrastructure improvement and development projects during the corresponding concession periods.
The Fraport Brasil Fortaleza operating company has been established to run the FOR concession in the federal state of Ceará for 30 years, while Fraport Brasil Porto Alegre has been created for the 25-year POA concession in Rio Grande du Sul.
Both airports are located about 3,200 km by air from one another along the Atlantic seaboard of Brazil. ■