Viracopos airport traffic rises as new terminal nears

Washington DC
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Campinas-Viracopos International airport handled 2.4 million passengers in the first quarter, an 8% increase compared to the same period in 2013.

The growth comes as the Egis, Triunfo and UTC-owned concession works to put the finishing touches on a new 28-gate terminal that is scheduled to open on 11 May. The facility is designed to handle 22 million passengers per year.

Viracopos handled 9.3 million passengers in 2013. Traffic has increased at a compound annual growth rate of 10.9% since 2011.

Azul and Gol announced Viracopo’s first flights to North America earlier in 2014. Azul, which operates a hub at the airport, plans to begin service to Florida and New York by early 2015 and Gol will launch one-stop service to Miami via Santo Domingo on 18 July.

The flights are expected to further boost passenger traffic at the airport in Sao Paulo state.

Construction of the new terminal is financed by a R$1.5 billion long-term loan from Brazilian development bank BNDES and R$300 million in bonds issued by the operator.

Net revenues increased 21.2% to R$22.6 million ($10.1 million) during the quarter, according to Triunfo.