Airport Development in South America - Air Trans · PDF fileAirport Development in South America ... and Houston Airport System Development Corporation/USA ... associations IATA and

Presented by: Martin Lamprecht – Air Trans Source Inc. – Momberger Airport Information

Airport Development in South America

www.mombergerairport.info

Information for Airport Professionals around the world from the trusted source since 1973! Modular, customizable newsletter, ad-free.

Airport Development (DEV) Airport Operations News (OPS) Ground Support Equipment News ( GSE) Consultant & Contractor News (CON) Air Traffic Services News (ATC) Maintenance Base News (MRO) Airport Information Technology (AIT)



SOUTH AMERICA (compiled by Momberger Airport Information)

Brazil US$ 7.5 billion Modernization of Infraero airports for 2014 FIFA championship and 2016 Olympic Games

Buenos Aires US$ 1.3 billion

US$ 570 million

“Nueva Ezeiza” project Facelift at Ezeiza to double passenger capacity

São Paulo US$ 1.12 billion New airport to replace Congohas

Lima US$ 1 billion Planned second runway

Bogotá US$ 900 million Master Plan work till 2030; $650 million until 2011 for new terminal

Quito US$ 683 million Completely new airport at Tumbaco by mid-2010

AIRPORTS COUNCIL INTERNATIONAL LATINAMERICA & CARIBBEAN (ACI-LAC)

2010 passenger growth by ACI-LAC airports: 9.1% 2010 Average worldwide passenger growth: 4.8%

Major new & recent airport projects (> US$ 500 million) Note: Historical dollar exchange rates!

Total of US$13.073 billion Compiled by Momberger Airport Information



Rank Airport City served Country Passengers growth 1 São Paulo-Guarulhos International Airport (GRU) São Paulo Brazil 26,849,185 23.50% 2 El Dorado International Airport (BOG) Bogotá Colombia 18,934,203 27.10% 3 Congonhas-São Paulo Airport (CGH) São Paulo Brazil 15,499,462 13.10% 4 Brasília International Airport (BSB) Brasília Brazil 14,367,061 17.60% 5 Rio de Janeiro-Galeão International Airport (GIG) Rio de Janeiro Brazil 12,229,513 3.40% 6 Comodoro Arturo Merino Benítez International Airport (SCL) Santiago Chile 11,064,487 22.60% 7 Simón Bolívar International Airport (CCS) Caracas Venezuela 10,783,861 22.90% 8 Jorge Chávez International Airport (LIM) Lima Peru 10,278,493 17.00% 9 Ministro Pistarini International Airport (EZE) Buenos Aires Argentina 8,786,807 10.87%

10 Santos Dumont Airport (SDU) Rio de Janeiro Brazil 7,822,848 53.40% 11 Deputado Luís Eduardo Magalhães International Airport (SSA) Salvador Brazil 7,696,307 9.13% 12 Jorge Newbery Airport (AEP) Buenos Aires Argentina 7,558,149 16.47% 13 Tancredo Neves International Airport (CNF) Belo Horizonte Brazil 7,261,064 29.26% 14 Salgado Filho International Airport (POA) Porto Alegre Brazil 6,676,216 19.10% 15 Guararapes International Airport (REC) Recife Brazil 5,958,982 13.49%

Total pax traffic of all 15 airports in 2010 171,766,638



São Paulo-Guarulhos International Airport, Brazil

El Dorado International Airport Bogota, Colombia



Rio de Janeiro-Galeão International Airport (GIG)

Santos Dumont Airport (SDU)

Rio de Janeiro Brazil



Comodoro Arturo Merino Benítez International Airport Santiago, Chile

Ministro Pistarini International Airport Buenos Aires, Argentina



Country Airport(s) Remarks

Argentina 53 CRA-run airports

to be privatized in

several batches; 32

of these now

privatized

After several setbacks in the privatization of the country's Air Force-run airports, President Carlos Menem once again introduced a decree on airport privatization in August 1997; 33 airports were acquired by the Aeropuertos Argentina 2000 consortium led by SEA SpA (Milan Airports; 28%) and Ogden Aviation (28%), with CAS (Eduardo Eurnekian), Simest and Riva owning the remainder of the shares; since Ogden has withdrawn from the consortium, Exxel (the majority owner of the InterBaires duty-free operator) has taken a share

Brazil São Paulo Congonhas and Viracopos to be privatized; at other INFRAERO airports, private investors can own commercial facilities (carparks, parking garages, airport hotels, etc.)

Chile All airports Private investment welcome; an action plan is being formulated. Lessees can own and operate commercial and non-commercial services, but not ATC and airport security

Santiago Terminal operated by SCL Terminal Aéreo Santiago S.A., owned by Agencias Universales S.A. - Agunsa (47%), SABCO (13%), Dragados Concesiones e Infraestructura S.A., Spain (15%), Fomento de Construcciones y Contratas (FCC) S.A. (15%), Administradora S.A. (13%) and (Vancouver) YVR Airport Services (10%)

Antofagasta Owned and managed by Colombia’s ISA (60%) and Cintra Chile (40%) of Grupo Ferrovial, Spain

Airport privatization overview South America

Compiled by Momberger Airport Information



Colombia (70 airports)

Cartagena

Calí

Barranquilla

Bogotá

Private investors can own up to 49% of airport companies. Cartagena was first to be privatized (SMS).

In March 2001, a consortium - in which Aena Internacional participated with 33.34% - was awarded an international tender for operating Calí Airport/Colombia for 20 years. The consortium then became Aerocalí, S.A. and began to be responsible for the airport in September 2001.

Barranquilla Airport is managed and developed by ACSA -Aeropuertos del Caríbe, S.A. - in which AENA Internacional has a 38% holding - under a 15-year concession.

Spain’s Abertis Infraestructuras owns 85% of Codad, which holds a concession for the first and second privately-financed runways at Bogotá Airport. The Government’s strategy is to privatize terminals, commercial areas, and runways, although the Eldorado runways may remain the only such runway project.

Ecuador Guayaquil Operated by TAGSA under a concession; shareholders in TAGSA are Corporación America/Argentina (51%), Dellair SA/Ecuador (40%), and Ormond Group S.A./Panama (9%)

Quito New airport being built by Quiport S.A., owned by Aecon Group Inc./Canada (45.5%), Andrade Gutierrez Constructores/Brazil (45.5%), and Houston Airport System Development Corporation/USA (9%). Quiport will operate the airport from 2010 under a 35-year concession




Paraguay There are plans to privatize the country’s major airports (Asunción and Ciudad del Este) and two smaller airports as a single unit.

The government is set to go ahead with the privatization of Asunción's Silvio Pettirossi International Airport, a year after submitting a bill to congress recommending it. The bill to concession Asunción Silvio Pettirossi and several regional airports has finally been approved, and President Fernando Lugo must decide whether to approve or veto the plan. #915

Peru Lima 'Jorge Chavez' Operated under concession by LAP (Lima Airport Partners);

Fraport has a 70.01 percent shareholding in Lima Airport Partners, followed by International Finance Corporation (IFC) with 19.99 percent and AC Capitales Safi of Peru (Fondo de Inversión en Infrastructura, Servicios Públicos y Recursos Naturales) with 10.0 percent. Under the 30-year airport concession (with a 10-year option to extend) Fraport assumed the contractual role of airport manager and is responsible for operations, security, planning, maintenance and other activities.

19 domestic airports Concessions offered by CORPAC; the bidding process opened in September 2004 and includes the airports serving the cities of Anta, Talara, Tumbes, Chiclayo, Piura, Iquitos, Pucallpa, Chachapoyas, and Tarapoto

Uruguay Montevideo & Punta

del Este

First BOT project completed at Punta del Este by Corporación America (CASA), owned by Eduardo Eurnekian; CASA owns the operator Puerta del Sur

Montevideo-Carrasco tender was won by the Puerta del Sur consortium in 2003; new terminal opened in December 2009




Montevideo Carrasco, Uruguay among top 10 most popular airports in the world according to a SKYTRAX survey

“Finding contentment in virtually any airport in the Americas usually depends mainly on the book and/or beverage in your hand. One of the few exceptions to this rule is now hiding in Uruguay, which garners the kind of air passenger enthusiasm that Buenos Aires, Belize City or Baltimore can’t even fathom. People passing through Montevideo are digging its airport’s sleek, glassy, curvaceous US$165 million makeover which was completed a couple of years ago.”


Airport Development in South America Brazil’s new plan for privatising three of its largest airports has drawn criticism from Latin American carriers as well as airline associations IATA and the Latin American airline association ALTA. Concerns: large proportion of the generated revenues would not be reinvested in modernizing the airports. IATA Director General Tony Tyler said that Brazil’s airport privatization programme “should open the door to desperately-needed investment at key airports, especially Sao Paulo”. But Tyler added that while the programme “is potentially good news … we also have serious concerns.” He said that there was the possibility for a conflict of interest, with the Government having dual roles as a major shareholder in the airport concessionaire and the economic regulator.

ALTA criticises: requirement that the Brazilian Government receive a share of the revenues from the three privatized airports. ALTA wants to avoid a repeat of the airport privatization processes that

took place in other countries in the region, particularly Argentina and Mexico. Costs increased significantly following the sale of most of Mexico’s airports, except Mexico City, to three consortiums which now have profit margins that far exceed the margins at any airline in the

region. In Argentina, more than 30 airports were sold to a single consortium, Aeropuertos Argentina 2000, leading to some of the highest airport fees in the world. Momberger Airport Information #917.OPS1



Brazil’s President Dilma Rousseff has signed a concession contract with consortium Inframérica to build and operate the São Gonçalo do Amarante international airport in Rio Grande do Norte state capital Natal. The airport is the first in the country to be privatized as part of a plan to prepare

airports for the 2014 World Cup. The Brasília airport and São Paulo’s Guarulhos and Viracopos airports are due to be concessioned by year-end or in early 2012. Inframérica, which bid USD 92 million for the project in August 2011, is formed of Brazil’s Grupo Engevix and Argentina’s Corporación América (CASA). The group has three years to build the airport, after which it will operate it for the next 25 years. Inframérica plans to invest some USD 363 million in the airport throughout the contract period, which includes the option of a five-year extension. São Gonçalo do Amarante airport is expected to handle some 3 million passengers in 2014, reaching 6.2 million in 2024 and 11 million by the end of the concession period. Momberger Airport Information #918.OPS2



South America is a promising growth market for suppliers of airport products, technology and services, at a time when there is much gloom about the markets in Europe and the United States. South America needs ‘Smart Airports’ that make best use of available resources and real estate, especially where new or significantly expanded airports are not an option in the near term. The challenge is on for suppliers to help with their state-of-the-art products and best practices so that the strong growth of the air travel and air freight markets in South America can continue.



request your free copy of these reports

we also maintain data sheets on worldwide airport development projects and airport ownership as a bonus service for our subscribers

Thank you!


www.mombergerairport.info


Documents

Airport Development in South America - Air Trans · PDF fileAirport Development in South America ... and Houston Airport System Development Corporation/USA ... associations IATA and