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NEWS Last modified on November 18, 2014

Decision on stake in Toulouse-Blagnac to be made soon

France will make a decision on the sale of a minority stake in Toulouse-Blagnac Airport in southwestern France "in about a month", the government’s economy minister Emmanuel Macron has explained.

There are three groups in the running for the stake as of November 4 are French construction and concession company Vinci, together with CDC Infrastructure and EDF Invest.

Paris airports operator Aéroports de Paris (ADP) along with insurer Predica, and Canadian engineering firm SNC-Lavalin in partnership with two Chinese investors are also vying for the stake.

Toulouse-Blagnac Airport handled more than 7.5 million passengers in 2013, generating revenue of about €117.4 million and net profit of €10.6 million.

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