China's Ningbo Lishe Airport buys 25% stake in Frankfurt Airport
08.06.05
China's Ningbo Lishe Airport announced today that it has signed a strategic partnership agreement with Frankfurt Airport in Germany under which it will buy a 25% stake in the German airport. No financial details were disclosed in the company statement.
Ningbo Lishe Airport handled 1.85 million passengers and 34,800 tons of cargo last year, and is expected to handle 2.3 million passengers and 52,000 tons of cargo by 2008, an airport spokesman said yesterday. It recently invested 780 million yuan to build a new terminal at the airport.
Frankfurt Airport handled 48.4 million passengers and 1.65 million tons of cargo last year, the statement said. No comparative figures were available.
To book a aberdeen airport hotels or aberdeen airport parking at the lowest price click on these links to aberdeen airport parking and aberdeen airport hotels price comparison pages.
