Vinci Airports, concessionaire of Luis Eduardo Magalhaes airport, has filed a criminal complaint against Avianca Brasil airline on grounds of misappropriation of funds. Located in the city of Salvador Luis Eduardo Magalhaes airport handles around 9 million passengers yearly.
According to concessionaire, Avianca Brazil has not been forwarding boarding fees starting from July 2018 and amounting BRL 10 million (US$ 2.55 million). This amount is not included in a BRL 2.7 billion (US$ 0.69 billion) debt bankruptcy protection process of Avianca. According to sources Avianca is also not forwarding boarding fees to other concessionaires including Zurich International Airport and Fraport AG Frankfurt Airport Services.
Brazilian State Rio Grande do Sul has launched the RS Parcerias P3 program with the aim to stimulate concessions and PPP projects in the state.
Read moreThe Government of Brazil has received two proposals for the Norte-Sul railroad concession project. The project involves the development of a 1,537 km railway that passes through the states of S...
Read moreThe federal government in Brazil has awarded four leasing concessions of terminals located in the port of Cabedelo & Vitoria. The concessions were awarded through an auction held at Sao Paulo Stoc...
Read moreMinistry of Infrastructure and the National Land Transport Agency (ANTT) of Brazil has announced plans to carry out an auction for the EF 151 North-South Railway (FNS) project on 28th March 2019. Thi...
Read moreMitsui & co. ltd has completed the acquisition of SuperVia concession, which manages a service of urban trains in Rio de Janeiro and a further 11 municipalities in the state of Rio de Janeiro (Duq...
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