FRANCO-JAPANESE TAKEOVER OF KANSAI AIRPORTS OFFERS NEW OWNERS MAJOR REVENUE OPPORTUNITIES
June 1st, 2016
A consortium headed by France's Vinci Airports and Orix Corp, a financial services company based in Tokyo, took over the operation of Kansai International Airport and Osaka International Airport on April 1. The Japanese government is hoping that the deal will be the first of a series of privatisations of the nation's often under-utilised airports.
The two companies each own a 40% stake in the two facilities - now known as Kansai Airports and headquartered in Osaka - with another 30 companies in the Kansai region holding the remaining 20%.
The consortium will ...
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