Development of the civil aviation sector
Concessions will accelerate investment in airport infrastructure
Winning consortia pay a premium price of 347% for the concession of Guarulhos, Brasília and Viracopos airports
RESULT OF THE AIRPORT CONCESSION AUCTION
The concessions for the expansion, maintenance and operation of the international airports of Guarulhos (SP), Brasília (DF) and Viracopos (SP) were auctioned on February 6, at the São Paulo Stock Exchange (BOVESPA).
The minimum price of bids, totaling R$5.5 billion, was exceeded by 347% and the auction raised a total of R$24.5 billion to be paid to the Federal Government. The final price reflected the participation of 11 consortia in the competition and the positive expectations of investors towards the development of the Brazilian civil aviation sector in coming years.
From the conclusion of the contract, there will be a seven-month transition period for INFRAERO to transfer the operation to the concessionaires, which can start the civil works as soon as the contract is signed.
INFRAERO will hold a 49% share of each airport, in addition to maintaining the operation of the control towers of Guarulhos and Viracopos. The control tower at Brasília and airspace control (approximation) at the three airports will remain under the responsibility of the Department of Airspace Control (Departamento de Controle do Espaço Aéreo - DECEA). The National Civil Aviation Agency (Agência Nacional de Aviação Civil - ANAC) will oversee the airports to which concession was granted, both to ensure the technical regulation of the services provided and to monitor compliance with the obligations and duties of the concessionaires.
NATIONAL CIVIL AVIATION FUND
Established in 2011, the National Civil Aviation Fund (Fundo Nacional de Aviação Civil - FNAC) is managed by the Department of Civil Aviation, with the aim of promoting investment in the airports of the country and the development of Brazilian civil aviation.
In addition to the R$24.5 billion raised in the auction, which future concessionaires will pay annually to the Federal Government over the concession period of the airports of Guarulhos, Brasília and Viracopos, the Fund will rely on annual contributions calculated on the gross revenue of these airports (variable contribution).
The construction works and improvements required in the concession notice to expand the infrastructure of the airports of Guarulhos, Brasília and Viracopos correspond to an estimated investment of R$16.1 billion, being R$2.9 billion until the 2014 World Cup. These projects include new terminals at the three airports, expansion of runways, yards, parking lots, access roads, etc. During the entire term of the concessions, concessionaires should make the necessary investments to meet the performance indicators provided for in the contract. The minimum investment forecast until the World Cup follow a strict schedule, with fines for concessionaires in case of delays.
In December 2011, 18 agreements were signed with 10 states (Alagoas, Ceará, Espírito Santo, Minas Gerais, Mato Grosso do Sul, Pernambuco, Paraná, Rio de Janeiro, Rio Grande do Sul and Santa Catarina) for the construction, remodeling and upgrading of aerodromes and airports of regional and state interest. Through the Federal Program of Aid to Airports (Programa Federal de Auxílio a Aeroportos - PROFAA), R$106.5 million will be invested between 2011 and 2013, of which R$73.6 million will come from the federal government and R$32.9 million from the states that signed the agreement.
Twelve Airport Authorities and Airport Management Centers (Centros de Gerenciamento Aeroportuários - CGA) were created in 2011, to act directly in solving the everyday problems of airports by coordinating the actions of government agencies to expedite decision-making processes. Under the coordination of the National Committee of Airport Authorities (Comissão Nacional das Autoridades Aeroportuárias - CONAERO) established in August 2011, the strategy has yielded good results.
In December 2011, even with a 9% increase in passenger traffic in relation to the same month in 2010, there was a 31% reduction in the number of delays of more than 30 minutes. Moreover, the rate of flight cancellations in December 2011 stood at 3.7%, lower than the 5.8% recorded in December 2010.