The privatization bid for Lima Airport, also known as Aeropuerto Internacional Jorge Chavez, in…
The privatization bid for Lima Airport, also known as Aeropuerto Internacional Jorge Chavez, in the capital city of Peru, South America was on Friday, January 19th, 2001 won by Flughafen Frankfurt-Main AG (FAG) — the Frankfurt Airport company — and its two consortium partners.
The move was just another major successful win in FAG`s global expansion strategy. FAG and US-based construction giant Bechtel Enterprises International Ltd. both hold a 42.75-percent stake in the consortium, while Peru`s largest construction firm Cosapi S.A. holds the remaining 14.5 percent. The concession for operating and expanding Peru`s international air transportation gateway runs for thirty years with an option to extend it another 10 years. The airport is situated about 10 kilometers from the center of the Peruvian capital.
Approximately 40 percent of the passengers passing through Lima Airport are leisure travelers destined for attractions in southern Peru. An estimated 4.5 million passengers are expected to use Lima Airport in 2000.
Theodore is the Co-Founder and Managing Editor of TravelDailyNews Media Network; his responsibilities include business development and planning for TravelDailyNews long-term opportunities.
