Aena Wins Galeão Airport Rebid With R$2.9 Billion Cash Offer

Overview

• Aena won Monday’s auction at B3 with a R$2.9 billion bid in a live round after 26 raises, beating Zurich Airport and RIOgaleão.
• The winning offer must be paid upfront, and the concession runs to 2039 under rules that send 20% of gross revenue to the federal government.
• Aena will take full control by acquiring the Galeão operator’s shares and assuming all assets, debts, rights and obligations as Infraero leaves.
• The new terms drop the required third runway and add a safeguard that allows compensation if flight limits at Santos Dumont change.
• With Galeão, Aena manages 18 airports in Brazil and plans coordination with Congonhas, building on Galeão’s traffic rebound to roughly 18 million passengers in 2025.