Vienna Airport (Flughafen Wien AG) has announced it will sell its entire 25.15% stake in Germany-based Flughafen Friedrichshafen GmbH, transferring equal shares to the city of Friedrichshafen and the Bodensee district.Vienna Airport bought the shares in 2007 for €7.7 million ($10.3 million). The purchase price—adjusted for losses in 2011—now amounts to €2.3 million.Vienna Airport CEO Julian Jäger previously stated that the airport had planned to sell the Friedrichshafen Airport shares for a long time.

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In
   
Forgot password? Click here to reset
New User? Click here to register