Reader feedback: Airport sale may never fetch same price again

Re: "Antitrust body to nix sale of airports?", TSS Online, August 14

I think that using the word 'corporate raider' to describe Penta Investments is rather inappropriate here, for it was the owner of the airport(s) that requested offers. i.e. there was the full intention to sell. On the other hand, the Austrians are not necessarily wanting to buy the airport(s) with a view to make it/them flourish, but more likely to gain a firm grip on most of the landing slots in this part of the world. Maybe this government is not selling now in order to later sell to a 'preferred' party without going the auction route. It could be though, that the government chooses to hold on to the airport(s) as it/they form part of a larger infrastructure which is not yet completed.

In the meantime, the price of airports has fallen somewhat since last Thursday [August 10, when Heathrow was shut down by terrorist threats]. Shops at airports pay good rent, and through that they partially determine the value of the property. If shops at airports that sell alcohol and perfume lose their edge when travelers can no longer take these products with them in their hand-luggage, a considerable segment of income falls away for airports. So if the deal falls through today, it is unlikely that any interested party will offer as much again as was offered before.

Radošovce, Slovakia

Top stories

News Digest: Climate in Slovakia could be similar to Italy's in a few decades

Suburban transport in Bratislava Region to improve, registration for regulated parking in Bratislava launched, utility regulator announces price caps for 2022.

15 h
Waydanovský House, today Martineum, after reconstruction.

Historical house near Bratislava cathedral no longer needs to hide behind Van Gogh

The Waydanovský House, now Martineum, will serve as the background facility for St Martin's Cathedral. Take a look at how it looked in the past and now.

1. dec
Trenčín covered in Christmas lights on November 29, 2021.

Weekend: Ježiško's Christmas Post Office is open, expecting letters from around the world

Make yourself comfortable and explore what has been going on in Slovakia in the past days.

21 h

Culture Ministry looks to create ‘21st century environment’ for Slovak media

Transparency of ownership and financing among proposed overhaul of decades-old laws.

2. dec
Skryť Close ad