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

Aircraft and finance. Chinese firm buys 10% of London-Heathrow Airport

London, United Kingdom - A 450-million-Euro deal

China Investment Corporation (CIC), a sovereign wealth fund responsible for managing part of the People's Republic of China's foreign exchange reserves, has acquired 10% of Heathrow Airport Holdings, the management firm of London's hub, the busiest in Europe and the third in the world after Atlanta and Beijing. The operation has been divided in two parts: a 5,72% stake has been purchased for 257,4...

AVIONEWS - World Aeronautical Press Agency - 1146909
Rome, Italy, 11/02/2012 10:48
AVIONEWS - World Aeronautical Press Agency

Similar

AirlinesBrussels against IAG-Air Europa marriage

Remedies are not enough; new objections from the European Commission

The European Commission has raised new objections to the proposed acquisition of the Spanish carrier Air Europa by the International Airlines Group (IAG). The sacrifices proposed by the two companies were... more

DefenseNew Zealand considers alliance Aukus

A turning point after decades of sovereignism and close relations with China

The New Zealand government has ruled out the country joining a defense pact between Australia, the United Kingdom and the USA in the short term. This concerns the possible participation in the Aukus alliance,... more

Civil aviationUSA: Colorado purchases firefighting helicopters

About 6.9 million dollars invested to create national fleet

The US State of Colorado has started the first purchase procedure for firefighting aircraft. In detail, the local government is acquiring two Bell 205 helicopters. This is a move that aims to provide the... more