The world's favourite industry

Article Abstract:

Investor interest in airport privatizations is growing because of their low-risk and steady growth potential. Airport operator UK-based BAA PLC was once the only player in airport sell-offs, but has recently been joined, not only by rival operators, but by construction and bus companies. The fast growth in air travel is triggering investor interest, with figures from the International Air Transport Association forecasting that international scheduled passenger numbers will rise from 318 million in 1993 to 789 million in 2010. A table of airport sales between June 1997 and June 1998 is included.

Planning

---

Aeroporti di Roma sale given go-ahead

Article Abstract:

Aeroporti di Roma, the Rome airport operator, has received the go-ahead for its privatization plans. The scheme requires the IRI state holding corporation to sell by direct negotation via a block sale 51.2% of its 54.2% AdR stake. An option on the remaining 3% will be offered to the city and province of Rome and the Lazio region.

Italy, Organizational history, Aeroporti di Roma Societa per la Gestione del Sistema Aeroportuale della Capitale

---

Airport privatisation - the Australian experience

Article Abstract:

Australia completed the second part of its airport privatization plan in Jun 1998. The privatization of 17 airports is one of the largest privatization plans ever implemented. This plan that has raised over $4 billion Australian was begun in the mid-1990s and should be completed by 2001. Leases are initially for 50 years.

Australia, Acquisitions & mergers, Economic policy

Similar abstracts:

• Abstracts: Australian airport drama. Airport privatisation - the Australian experience. More Australian airports
• Abstracts: Afterglow of Brazil's Telebras privatisation. Telecom Italia's record sale
• Abstracts: Airport privatisation gaining altitude in US. Winners in second round of Australian airports. Speeding up German airport take-offs

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.