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Last updated on May 27, 2012 at 6:54 EDT

State Plans to Sell the Airport Ruzyne

June 20, 2007
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Letiste Praha (LP) (Prague, Czech Republic), the airport in Prague-Ruzyne operator, is preparing for the planned privatisation. Probably the whole LP will be sold. In spite of the fact that the minister of transport of the Czech government has recently preferred LP’s long-term rental. LP is the strategic company. LP will be sold when it gets lands for a new runway. These lands are mostly owned by the financial group Penta (Czech Republic/Slovakia). The airport Letiste Pardubice (Pardubice, Czech Republic) wants to find a strong investor as well. John Laing (UK) and the consortium Pardubice Airport City (PAC) composed of Odien (USA) and Dexia are interested in Letiste Pardubice. PAC plans to invest up to CEK 5 bil in development of the airport in Pardubice.

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