Page 39 - TFWA World Exhibit 2022 Special Edition

INSIDER

Brazilian government to privatize both Rio de Janeiro airports as a package

Following a successful seventh round the 2014 Soccer World Cup and the 2016 Santos Dumont. This resolves a series of
of airport privatizations in which Spanish Olympic Games and was valid until 2039. issues and removes a series of concerns that
airport manager Aena took the big prize of However, passenger numbers following the were expressed by the productive sector
Sao Paulo Congonhas, the Brazilian Civil big sporting events never materialized, nor in Rio,” Infrastructure minister Tarcísio
Aviation authorities are now preparing an did the promised profitability. Odebrecht Gomes de Freitas said in a statement.
eighth and possible final round that will sold its shareholding to Changi in 2017 but Santos Dumont recorded 4.58 million
include Rio De Janeiro Galeão, currently traffic numbers stayed low and then the passengers (all domestic) in 2019 whereas
managed by Singapore-based Changi COVID-19 pandemic hit the whole aviation 13.51 million passengers (9.19m domestic
International, as well as the Santos Dumont business. Changi told the government / 4.32m international) passed through
domestic airport in Rio De Janeiro. in early 2022 that it would not continue Galeão.
Santos Dumont was originally to manage the concession but agreed to Growth and route management will
included in the seventh round of continue to manage the airport until the be much more efficient if both airports are
privatizations but was withdrawn by the government appoints a new concession under the same management, say industry
government when Changi indicated its holder. analysts.
desire to give up the Galeão concession. This forced the Brazilian government Full details of the privatization are
The original concession contract for to launch an eighth and final auction. expected to be published immediately
Galeão was awarded to Singapore’s Changi “As we create the eighth round, we after the Brazilian presidential elections in
Airport and Odebrecht in late 2013, prior to will have the same operator for Galeão and October. JG

Ezeiza sweepstake offers mega prize

With international passenger numbers rising, InterBaires
(Dufry Argentina) is stepping up its shopping experience
programs with the reintroduction of its mega sweepstakes
schemes where duty free passengers at Buenos Aires Ezeiza
Airport can win a major prize. This month purchasers of
participating products can win a Canestrari C-168 speedboat.
Airport operator AA2000 has assisted the duty free operator
with a special exhibition space and logistics support.
JG

Economic updates: Brazil and Uruguay

Brazil
Brazil’s industrial activity has been reported to have increased in August and has a bright future ahead, according to a survey from
the National Industry Confederation (CNI), reported Mercopress in mid-September.
The report showed growth in production and employment for the fourth consecutive month and the third monthly high in the use of
installed capacity. The research also found an increase in the production pace compared to July figures.

Uruguay
In its National Accounts report published Sept. 16, the Central Bank of Uruguay (BCU) announced that the country’s economy had
grown 7.7% in the second quarter of 2022, compared against the second quarter of 2021. The Bank says that the rebound was “mainly
due to the high yields achieved in the soybean harvest.”
In seasonally adjusted terms, economic activity increased 1.1% with respect to the immediately preceding quarter, said the BCU.
The government of President Luis Lacalle Pou raised its GDP growth forecast to 4.8% in June from 3.8% in February. Uruguay’s
economy expanded 4.4% in 2021, leaving behind the 6% drop reported in 2020 as a result of the COVID pandemic when a historic cycle
of 17 years of consecutive growth came to an end.
Source: Mercopress

39 October 2022