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Austria: Federal government to trade airports

Article Abstract:

It is almost certain that Austrian airports in Klagenfurt, Salzburg and Graz will be privatised. An exchange is taking place, whereby the minister of finance is able to transfer federal shares to the individual provinces in return for their shares, the total of which is Sch 509mn in Osag (Austrian motorway company) and Asfinag (Motorway financing). This means that the provinces can secure the airports without the threat of the airports being bought by other companies. In the province of Steiermark, the airport shares are to be sold, with Sch 200mn of the Sch 350mn expected selling price to be spent on the new art house. The Formula 1 company in Zeltweg will receive the rest for its maintenance.

Government regulation, Statistical Data Included

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Malta: Austrians eyeing airport

Article Abstract:

Flughafen Wien AG, the operator of Vienna airport, has been short-listed for the privatisation of the airport of La Valletta in Malta. The Austrian company would like to acquire 40% to 60% of the stock. Until now Flughafen Wien is involved in foreign airports only as a minority shareholder. Flughafen Wien expects the decision in Malta to be taken in the next few weeks.

Asset sales & divestitures, Foreign operations, Malta

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DENMARK: COPENHAGEN AIRPORT ALLOWED TO EXPAND

Article Abstract:

As a consequence of a new Government bill, the airport operator Copenhagen Airport will be able to expand abroad. The main purpose of the company will still be operating the airports of Copenhagen and Roskilde, but it will also be allowed to establish and operate new airport activities and related activities, according to the bill.

Denmark, Government domestic functions, Copenhagen Airport

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