Court dismisses the application of Toulouse-Blagnac airport privatization opposition

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By order dated March 22, 2019, the president of the Commercial Court of Paris dismissed three union (CGT, FSU31 and Solidaires) application for sequestration of the shares held by Casil in the company Aéroport Toulouse Blagnac and noted that it is up to the owner, in this case ¨The State¨ to claim the ownership of the shares sold to Casil. 

At this moment French State owns 10,01% and Casil - a joint venture that includes Chinese state-owned group Shandong Hi-Speed Group and Hong Kong-based investment company FriedmannPacific Asset Managemen - 49,99%. The rest of the shares are owned by the Chamber of Commerce and Industry of Toulouse - 25%, and local authorities (Regional Council, General Council and Community of Agglomeration) - 15%.

 

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