Sweden’s LFV Group reportedly plans to sell six of its 16 airports following government directives and the group’s plans to cut costs (Swedish Wire, 20-Nov-2009). Jönköping, Skellefteå, Örnsköldsvik, Sundsvall, Karlstad and Ängelholm airports will be placed up for sale. LFV stated it would attempt to sell the airports to their respective regions and countries before considering private investors. The company also plans to undergo reorganisation, splitting the group into two separate entities, one to control air traffic and one to manage its remaining airports.
23-Nov-2009 1:06 PM