By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – Foreign capital participation in the concessions of federally owned airports is being discussed by the Secretaria de Aviação Civil – SAC (Civil Aviation Secretary) but a final decision on the matter is likely to take some time, according to Brazil’s new Civil Aviation Minister, Eliseu Padilha.

“To make regional aviation viable perhaps one of the variables would be to suggest to the President (Dilma Rousseff) a revision of the Brazilian Aeronautical Code which vetoes such participation. For now studies are still being developed and nothing has been sent to . . .

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