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.
This post was published on 6 December 2019 11:27
Romanian carrier seeks protection from creditors as total liabilities reach €25.4 million; flight operations face…
Jetstar and Qantas have banned an Australian social media personality from flying with their airlines…
The Flemish Government has invoked a conflict of interest against the proposed changes to flight…
Brussels Airport will add eight manual border-control positions for arriving passengers by the end of…
Typhoon Champi has disrupted air travel across Taiwan, forcing the cancellation of more than 600…
Copenhagen Airport (CPH) is experiencing major queues at security screening after new requirements introduced by…