Zurich Airport eyes Navi Mumbai, Goa

Mumbai: Even as German airport developer Fraport AG is shutting its operations in India, deciding to sell its small stake in the Delhi airport, its competitor in Europe, Zurich Airport, is bullish on Asia’s third-largest economy. The company is eying investments in the greenfield international airport projects at Navi Mumbai and Goa.
“Zurich Airport is planning further investments in Navi Mumbai and Goa. In general, we are interested in any airport with two to three million or more passengers a year,’’ company spokesperson Michael Stief said in an emailed response to Business Standard. Ending speculation the company would sell its five per cent stake in the GVK-controlled Bengaluru International Airport Limited, Steif said, “We do not plan to sell our stake.’’
In 2009, Zurich Airport had sold about 12 per cent in the Bangalore airport to the GVK group.
12/06/12 Aneesh Phadnis/Business Standard

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Categories: airports Jun 2012, Foreign Jun 2012, New Jun 2012