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Order HereThe Symbiose consortium has acquired 49.99% of Aéroport Toulouse Blagnac, the manager of Toulouse Airport, which is extensively used for Airbus aircraft testing and assembly.
Finalizing a deal which has been anticipated since last July, Symbiose has acquired the 49.99% stake from the 60% shareholding previously held by the French government. Symbiose will also join the Aéroport Toulouse Blagnac supervisory board.
Symbiose is formed of state-owned Shandong Hi-Speed Group and Hong Kong-based investment firm Friedmann Pacific Asset Management (FPAM). “The Symbiose project aims to provide the airport and the Toulouse region with a new impetus for development and growth,” the consortium said in a statement.
Shandong Hi-Speed Group is based in Ji’nan, Shandong Province, and is a leading player in the transport infrastructure sector in China. FPAM is primarily involved in private equity, structured finance and aircraft leasing. It is a founding shareholder of China Aircraft Leasing Co. (CALC), which has commercial ties with the Airbus group.
The state will maintain a 10.01% holding in the airport, alongside the Toulouse Chamber of Commerce and Industry (25%) and three local authorities—Région Midi-Pyrénées, Département de la Haute-Garonne, Communauté urbaine Toulouse Métropole—each retaining a 5% share.
This means 50.01% of Aéroport Toulouse Blagnac, which holds the concession for the airport until 2046, will remain state-owned. The French government has also retained remains ownership of the land and airport installations.
“It is a new page in the history of our airport that is being turned. Symbiose will give new life to the development of our platform,” Aéroport Toulouse Blagnac chairman Jean-Michel Vernhes said.
The information on this page may have been provided by a contributor and no guarantees can be made about the accuracy of any content. Contributors must obtain all necessary licenses and/or ownership rights from the relevant content owner(s) before submitting the same for publication. AIRLINE PARTNERSHIP disclaims all liability arising from the publication of content received from contributors. Please refer to our Disclaimer for more details.
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Order HereThe Symbiose consortium has acquired 49.99% of Aéroport Toulouse Blagnac, the manager of Toulouse Airport, which is extensively used for Airbus aircraft testing and assembly.
Finalizing a deal which has been anticipated since last July, Symbiose has acquired the 49.99% stake from the 60% shareholding previously held by the French government. Symbiose will also join the Aéroport Toulouse Blagnac supervisory board.
Symbiose is formed of state-owned Shandong Hi-Speed Group and Hong Kong-based investment firm Friedmann Pacific Asset Management (FPAM). “The Symbiose project aims to provide the airport and the Toulouse region with a new impetus for development and growth,” the consortium said in a statement.
Shandong Hi-Speed Group is based in Ji’nan, Shandong Province, and is a leading player in the transport infrastructure sector in China. FPAM is primarily involved in private equity, structured finance and aircraft leasing. It is a founding shareholder of China Aircraft Leasing Co. (CALC), which has commercial ties with the Airbus group.
The state will maintain a 10.01% holding in the airport, alongside the Toulouse Chamber of Commerce and Industry (25%) and three local authorities—Région Midi-Pyrénées, Département de la Haute-Garonne, Communauté urbaine Toulouse Métropole—each retaining a 5% share.
This means 50.01% of Aéroport Toulouse Blagnac, which holds the concession for the airport until 2046, will remain state-owned. The French government has also retained remains ownership of the land and airport installations.
“It is a new page in the history of our airport that is being turned. Symbiose will give new life to the development of our platform,” Aéroport Toulouse Blagnac chairman Jean-Michel Vernhes said.
The information on this page may have been provided by a contributor and no guarantees can be made about the accuracy of any content. Contributors must obtain all necessary licenses and/or ownership rights from the relevant content owner(s) before submitting the same for publication. AIRLINE PARTNERSHIP disclaims all liability arising from the publication of content received from contributors. Please refer to our Disclaimer for more details.
970x250 - Melbourne - Desktop Sample
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Order HereThe Symbiose consortium has acquired 49.99% of Aéroport Toulouse Blagnac, the manager of Toulouse Airport, which is extensively used for Airbus aircraft testing and assembly.
Finalizing a deal which has been anticipated since last July, Symbiose has acquired the 49.99% stake from the 60% shareholding previously held by the French government. Symbiose will also join the Aéroport Toulouse Blagnac supervisory board.
Symbiose is formed of state-owned Shandong Hi-Speed Group and Hong Kong-based investment firm Friedmann Pacific Asset Management (FPAM). “The Symbiose project aims to provide the airport and the Toulouse region with a new impetus for development and growth,” the consortium said in a statement.
Shandong Hi-Speed Group is based in Ji’nan, Shandong Province, and is a leading player in the transport infrastructure sector in China. FPAM is primarily involved in private equity, structured finance and aircraft leasing. It is a founding shareholder of China Aircraft Leasing Co. (CALC), which has commercial ties with the Airbus group.
The state will maintain a 10.01% holding in the airport, alongside the Toulouse Chamber of Commerce and Industry (25%) and three local authorities—Région Midi-Pyrénées, Département de la Haute-Garonne, Communauté urbaine Toulouse Métropole—each retaining a 5% share.
This means 50.01% of Aéroport Toulouse Blagnac, which holds the concession for the airport until 2046, will remain state-owned. The French government has also retained remains ownership of the land and airport installations.
“It is a new page in the history of our airport that is being turned. Symbiose will give new life to the development of our platform,” Aéroport Toulouse Blagnac chairman Jean-Michel Vernhes said.
The information on this page may have been provided by a contributor and no guarantees can be made about the accuracy of any content. Contributors must obtain all necessary licenses and/or ownership rights from the relevant content owner(s) before submitting the same for publication. AIRLINE PARTNERSHIP disclaims all liability arising from the publication of content received from contributors. Please refer to our Disclaimer for more details.