Brazil's federal government started privatizing airports, once a legal monopoly, in 2011. Sao Paulo, the country’s richest state, not only had its own airline—the now-defunct VASP—but its own string of airports, which it began privatizing in 2017. That same year in July, the Voa SP consortium took over the operation of five airports, the important general aviation fields in Jundiai and Campo dos Amarais in Campinas, another in Braganca Paulista, and two seaside airports in Ubatuba and Itanhaem.
Another 22 airports in two blocks of 11 were auctioned in 2021, with the Voa SP consortium part of the same Rede Voa group winning the Southeast block and control passing this April. These include the Sorocaba general aviation airport, which also has a strong MRO presence, and Sao Carlos airport, where LATAM performs most of its airliner maintenance, as well as nine others.