Brazil's government is considering selling half of its 49 percent stake in the concessionaires in charge of five major airports located in Brasilia, Belo Horizonte, Rio de Janeiro, São Paulo and Campinas.

The Government of Brazil, through Empresa Brasileira de Infraestrutura Aeroportuária (Infraero), the  Brazilian government corporation responsible for operating several of the main Brazilian commercial airports, would be willing to reduce its stake from 49 percent to about 25 percent, to raise cash and help reduce the national budget gap.

The airports included in the proposed transaction are the following:

• São Paulo/Guarulhos-Governador André Franco Montoro International Airport is the main international airport serving São Paulo. The airport was ranked first in terms of transported passengers, aircraft operations, and cargo handled in 2012 in Brazil. It was the busiest airport in Latin America by passenger traffic (39,573,000 in 2014).

• Brasília-Presidente Juscelino Kubitschek International Airport is the airport serving Brasília. It is located in the Lago Suladministrative region of the Federal District of Brazil. Some of its facilities are shared with the Brazilian Air Force.

• Viracopos/Campinas International Airport is an international airport serving Campinas, São Paulo. Since 2012 it is operated by Aeroportos Brasil Viracopos.

• Tancredo Neves/Confins International Airport is the main airport serving Belo Horizonte and Metropolitan Area, located in the adjoining municipality of Confins. It is operated by BH Airport S.A..

• Rio de Janeiro/Galeão-Antonio Carlos Jobim International Airport is the main airport serving Rio de Janeiro. It is the largest airport in Brazil, by total area, and is the country's second-busiest international airport. Since August 12, 2014 it has been operated by the concessionary Rio Galeão, a consortium formed by the Brazilian investor Odebrecht and Changi Airport Group, with a minority participation of the government owned company Infraero, the previous operator. Some of its facilities are shared with the Galeão Air Force Base of the Brazilian Air Force.