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Paris airports operator to invest $6.7 billion in infrastructure

Paris airports operator Groupe ADP is awaiting a vote to allow the government to reduce its 50.6% airport stake in the coming months as part of wider economic reforms. “As well as its stakes in other airports, Groupe ADP operates Air France’s hub and Europe’s second biggest airport, Paris Charles de Gaulle, which handled 72.2 million passengers last year, Paris Orly, with 33.1 million and the smaller business focused Le Bourget airport.”

Source: atwonline.com

The Greek government aims to prompt public-private partnerships

The transport ministry plans to select a financial advisor for 23 smaller airports from among Grant Thornton, Lamda Group, and Process Consulting. “The Greek government aims to prompt public-private partnerships (PPPs) towards the upgrade and modernization of [the airports], extending sub-concession deals for separate commercial activities, with the public retaining ownership of the airports.”

Source: GTP Headlines