Latin America And Caribbean News

(13-Dec-2002) Two weeks after the news that Argentinian operator InterBaires was taken over by Deutsche Bank, and airport operators Aeropuertos Argentina 2000 (AA2000) questioned the validity of the duty-free shop operator's concession contract, the three sides are still locked in meetings to clarify the situation

(12-Dec-2002) Guayaquil Airport Authority (AAG) and a team of consultants led by Spanish bank BBVA have invited bids for a 15-year concession to upgrade and manage the Simon Bolivar International Airport in Ecuador's biggest city

(28-Nov-2002) **DFNI eXTRA NEWS FLASH** Uncertainty continues to hound the future of InterBaires' duty-free contracts at Argentina's leading airports, following Deutsche Bank's takeover of 80% of the share in the company

(27-Nov-2002) By the end of next month the YVRAS consortium, led by Vancouver Airport Services, will take over operations at Montego Bay Sangster International airport, according to Jamaica's Information Minister

(26-Nov-2002) Following two weeks of speculation in Buenos Aires financial circles, crisis-torn Exxel Group has transferred its 80% shareholding in duty-free operator Interbaires to its main creditor Deutsche Bank

(6-Nov-2002) Toronto-based Aecon Group today announced that a consortium led by the construction conglomerate has signed agreements to take over management of Mariscal Sucre International airport in Quito, Ecuador as the first step in the development of a new international airport in the Ecuadorian capital

(25-Oct-2002) Nicolas Urioste duty free director at Paraguayan operator Bright Star confirmed to TRW that their in-flight deal with regional airline TAM Mercosur would commence on December 15

(23-Oct-2002) Paco Heredia, executive director of Argentine operator London Supply confirmed to TRW that the Argentine government would allow Argentine tourists to purchase duty-free goods in the new border shopping complex in Puerto Iguazu

(15-Oct-2002) InterBaires executive director Randy Emch has left the company by mutual agreement

(2-Oct-2002) The Uruguayan government has drafted plans for the auction of the management contract at Montevideo Carrasco airport, which will cover all commercial activities at the location, as exclusively revealed in the July 15 issue of DFNI