Friday, July 29, 2016

Nice Côte d’Azur airport taken over by the Azzurra consortium satisfied the local councilors – francetv info

The state will sell its stakes in the airports of Nice and Lyon 1.75 billion euros of which 1 222 for that of the French Riviera. Repeated by Azzurra consortium, the decision was welcomed by local officials.

  • Olivier Le Creurer with AFP
  • Published


The state has decided: the future of Nice airport, third in France, is taken over by the Azzurra consortium (composed of Atlantia group EDF Invest airport and Rome), who made an offer of 1.222 billion euros.

“L State sells its 60% to allow to help finance other strategic transactions, including in the nuclear sector, and the debt of the state, “said Bercy.

the announcement brings on “prospective buyers” and the closing of the transaction is expected in the fall, after consultation with representative bodies and control by the competition Authority. The concession will until 2044.

The announcement was welcomed by Christian Estrosi, President of the Region Provence-Alpes-Côte d’Azur and the Metropolis Nice Côte d’Azur. “I am therefore delighted that, despite the timetable for consideration of offers of more constrained, the state could withhold final offer most favorable to the essential interests of the territory and the nation,” a- he said. “This decision seems good,” confirmed David Lisnard, Mayor of Cannes and President of the Regional Committee of Tourism Riviera. It explains in particular the Azzura consortium “is committed to a significant increase in passenger traffic, bringing it to 20 million in 2032 and provides a meaningful way to extend the catchment area of ​​the Nice Côte d’Azur airport to Italian border towns in the frame, including cooperation with the SNCF “


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