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For running the operation, Fraport founded Fraport Brasil S.A. Aeroporto de Porto Alegre as an airport management company, a 100% subsidiary of Fraport AG. After the award in an auction in Sao Paulo, on 2017/03/16, the 25-year concession period has started in August 2017 while the operational takeover of the airport took place on 2018/01/02. According to the concession agreement, besides the operational management the company also accounts for the development of the whole infrastructure and the increase of the quality standards at the airport.
Porto Alegre is the capital of the Brazilian state of Rio Grande do Sul, located in the south of Brazil.
Managing director: Andreea Pal (CEO), Sabine Trenk (COO), Jocel Gadens (CFO)
Fraport's share in the company: 100 %