The opening to national or foreign private investors can be considered a public policy in this economic sector.
In Brazil, it is essential to increase the number of airports in order to expand the offer of flights and to foster competition in the so-called civil or commercial aviation.
Since 2011, when airport concessions have started, the Brazilian government has been dedicated to improving regulation and concession contracts in this sector.
Regulation and concession contracts in the aviation sector have been improved
It is worth highlighting the recent expansion of the term of the initial investment in the concessions, in order to make it possible for the concessionaires to adjust their investments to the airports reality.
Good studies and new contractual clauses, that are the outcome of the mistakes and successes already experienced, have stimulated investors.
The rounds of airports concession go on functioning, redesigning airport modals.
Finally, the changing of the regulatory framework, which established limits to the foreign capital, shall stimulate the entrance of new players in the commercial aviation, in the next years.