Lima Airport Partners S.R.L. is a

Limited liability company A limited liability company (LLC) is the United States-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of ...

that operates Peru's main airport: the

Jorge Chávez International Airport Jorge Chávez International Airport is the main international airport serving Lima, the capital of Peru. It is located in Callao, northwest of the Historic Centre of Lima, the nation's capital city, and from the Miraflores District, Lima, dis ...

Callao Callao () is a Peruvian seaside city and Regions of Peru, region on the Pacific Ocean in the Lima metropolitan area. Callao is Peru's chief seaport and home to its main airport, Jorge Chávez International Airport. Callao municipality consists ...

, near

Lima Lima ( ; ), founded in 1535 as the Ciudad de los Reyes (, Spanish for "City of Biblical Magi, Kings"), is the capital and largest city of Peru. It is located in the valleys of the Chillón River, Chillón, Rímac River, Rímac and Lurín Rive ...

. It was founded in February 2001 and holds a 30-year concession to operate the airport. The company is 80.01% owned by Fraport AG of Germany.

History

*On November 15, 2000, a joint venture consisting of German airport operator Fraport AG Frankfurt Airport Services Worldwide, Bechtel Enterprises International Ltd. - a North American holding originally dedicated to construction - and Peruvian construction company Cosapi S.A. won the thirty-year concession from the Peruvian State to build, operate and transfer the Jorge Chavez International Airport in

Peru Peru, officially the Republic of Peru, is a country in western South America. It is bordered in the north by Ecuador and Colombia, in the east by Brazil, in the southeast by Bolivia, in the south by Chile, and in the south and west by the Pac ...

. *In December 2001, Bechtel Enterprise Services, Ltd. transferred its LAP shares to Alterra Lima Holdings, Ltd., subsidiary of Alterra Partners, an airport operator whose shareholders are Bechtel and Singapore Changi Airport Enterprise (operator of the Singapore International Airport). *In September 2003, Cosapi S.A. sold its LAP shares to Alterra Holdings, Ltd. Consequently, the distribution of shares turned 57.25% for Alterra Lima Holdings, Ltd. and 42.75% for Fraport AG. *In August 2007, Fraport AG Frankfurt Airport Services Worldwide acquired 57.25% of Alterra Lima Holdings and turned into the main shareholder of Lima Airport Partners. *In June 2008, the

International Finance Corporation The International Finance Corporation (IFC) is an international financial institution headquartered in Washington, D.C. and a member of the World Bank Group that offers investment, advisory, and asset-management services to encourage private ...

, member of the

World Bank The World Bank is an international financial institution that provides loans and Grant (money), grants to the governments of Least developed countries, low- and Developing country, middle-income countries for the purposes of economic development ...

group, and Fund for Investment in Infrastructure, Public Services and Natural Resources, administered by AC Capitales SAFI, became partners of LAP. Therefore, the share distribution turned: 70.01%, Fraport AG
19.99%, International Finance Corporation
10.00%, Fund for Investment in Infrastructure, Public Services and Natural Resources

Tenth anniversary

On February 2, 2011, Fraport and Lima Airport Partners celebrated the 10th anniversary of the airport concession in an event attended by important Peruvian business and political leaders as well as by Peru's vice president Luis Giampietri. Stefan Schulte, Fraport's executive board chairman, took the occasion to point out the significant improvements in the quality of infrastructure and services provided as well as the increase in the number of passengers which reached more than 10 million by the end of 2010.

2019

In May 2019, Fraport AG purchased a further 10-percent stake in Lima Airport Partners S.R.L. (LAP) – operator consortium of Jorge Chavez International Airport Lima – from AC Capitales’ Infrastructure Fund, which held the stake for over 10 years. The resulting partnership structure of LAP was as follows: Fraport AG 80.01% and IFC 19.99%.

References

External links

Official web site of Lima Airport and Lima Airport Partners S.R.L.
**

Airport operators Transport companies of Peru Peruvian companies established in 2001 {{Peru-transport-stub

History

Tenth anniversary

2019

See also

References

External links