The Flemish Government acquires 1.8 percent of the shares of Brussels Airport

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According to Reuters and Belgian financial newspaper L’Echo, the Flemish government becomes a shareholder of the national airport through its financial arm PMV. With a few other investors, it acquired an indirect stake of just under 1.8%.

PMV does not comment on the amount of its stake but, according to the sources of L’Echo, the fund has participated in a purchase of just over 100 million euros.

The interest shown by Flanders for Brussels Airport is not a surprise. The national airport is, after the port of Antwerp, the second-largest economic engine in the country. Brussels Airport is located in Flemish territory, but is still considered as the national airport.

Because of this location, the Walloon public authorities have lost interest in Brussels Airport and have been investing for years in Liège Airport for cargo and Charleroi airport for passengers.

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