Do you want to access to this and other private contents?
Log in if you are a subscriber or click here to request service

Save: Austrian Airlines' Airest bought

Venice, Italy - For a value of about EUR 30 million

"Marco Polo" Save-Airport of Venice bought by Austrian Airlines the 100% of Airest’s joint stock through its subsidiary Airport Elite. The value paid for the company has been about EUR 30 million, correspondent to the Airest group’s equity value on December 31, 2005. Airest, with a scheduled turnover for 2005 of EUR 70 million, and a Ebitda of about EUR 4 million, is the company that manages the act...

AVIONEWS - World Aeronautical Press Agency - 136460
Rome, Italy, 02/24/2006 12:44
AVIONEWS - World Aeronautical Press Agency

Similar

Civil aviationItaly. Grottaglie factory (2): Leonardo's relaunch plan

Cingolani (ceo): "Diversifying production and technologies, we are speeding things up"

To diversify production and technologies. These are the two cornerstones around which the plan of the Italian Leonardo Group, specialized in the aerospace and defense sectors, would relaunch and develop... more

DefenseBelarus would maintain Russian helicopters

This is what Ukraine's Center for National Resistance reveals

A Belarusian factory is reportedly repairing Russian military helicopters used in the war against Ukraine. This would be a maintenance center located at the Baranavichy base, where repair and overhaul... more

DefensePre-agreement between Israel and Hamas

Towards ceasefire; a pact for interim government

A ceasefire in the Middle East is an increasingly real possibility. This means that the truce is closer and that we are looking at post-conflict political management with renewed hope. This is what emerges... more