Fraport Brasil S.A. has secured a concession to operate Jericoacoara Airport in Brazil, starting in 2026, enhancing its portfolio and contributing to local tourism growth.

Target Information

Fraport Brasil S.A., a wholly-owned subsidiary of Fraport AG and operator of the Fortaleza airport, has been awarded the concession to manage the Jericoacoara Airport (JJD) located in the northeastern part of Brazil. Following a public bidding process in São Paulo, this acquisition is a significant expansion of Fraport's operations in Brazil. The expected start date for management of Jericoacoara Airport is fall 2026, with the concession lasting until 2047, aligning with the existing concession for Fortaleza Airport.

The concession encompasses the operation of the passenger terminal as well as land and airside infrastructure, which includes retail space and parking facilities. Fraport Brasil is also committed to investing in the modernization of Jericoacoara Airport within the first three years of operations, reflecting their dedication to improving service quality.

Industry Overview in Brazil

Brazil's aviation industry has shown considerable growth in recent years, largely driven by a rising demand for air travel among both domestic and international tourists. The government has been focused on integrating regional airports into the nati