Weekly Report - 17 May 2018 (WR-18-19)

BRAZIL | Airport bankruptcy. On 9 May, two days after an operating company for Viracopos, the second-biggest cargo airport in Brazil, filed for bankruptcy, the judiciary suspended the company’s financial obligations, including the payment of fines. The Viracopos consortium is made of construction companies UTC, Triunfo, and Egis (with 51%) along with the state-run company Infraero (49%). It comes as the company moves to re-restructure R$2.88bn (US$813m) of debt, according to financial daily Valor Econômico.