Monday, October 31, 2016

Transfer from the airports of Nice and Lyon : the State makes it a good deal ? – Franceinfo

Nice (Alpes-Maritimes) and Lyon (Rhône), third and fourth largest French airport, and soon in the hands of private shareholders. It is now official, the government sold 60% of the shares it held in the two airports. That of the Côte d’azur will be operated until 2044 by an Italian consortium. For Lyon-Saint-Exupéry, the French companies that will to switching until 2047.

The privatization, which should allow the State to pocket almost € 1.8 billion. A nice financial transaction, while the two airports have reported less than 12 million euros in dividends this year. In Lyon, the privatization of Saint-Éxupéry was claimed for a long time by the local contractors. Last year, the airport of Toulouse had already been sold to a consortium of chinese. A transaction that was reported a little more than 300 million euros to the State. Bercy account to reinvest the money in airports in other public enterprises such as EDF or Areva in poor health.


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