Frances approves privatization of Lyon and Nice airports

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Frances approves privatization of Lyon and Nice airports

The French parliament has recently approved plans to sell its majority stake in the Nice Côte d'Azur Airport and Lyon-Saint-Exupéry Airport.

Nice Côte d'Azur Airport is an international airport located 5.9 km southwest of Nice, in the Alpes-Maritimes départment of France. It is the third busiest airport in France and serves as a focus city for Air France and an operating base for easyJet. The airport is positioned 7 km west of the city center, and is the principal port of arrival for passengers to the Côte d'Azur. Due to its proximity to the Principality of Monaco, it also serves as the city-state's airport, with helicopter service linking the principality and airport.

In 2013, it handled 11.55 million passengers. The airport's theoretical capacity is 13 million passengers and 52 movements (26 landings) per hour.

Lyon-Saint-Exupéry Airport is the international airport of Lyon, the third-biggest city in France and an important transport facility for the entire Rhône-Alpes region. It lies in Colombier-Saugnieu, 20 km east southeast of Lyon city centre. The airport consists of three terminals and two runways aligned north-south. The airport has 18 jetways in all three terminals. Terminal 3 is used by low-cost airlines and has very basic facilities.

In 2013, the airport served 8.56 million passengers, an increase of 1.3% over the previous year. Air freight increased by 22.7% to 44,820 tonnes, although overall aircraft movements dropped by 2.8% to 113,420.

In early December a consortium composed by Chinese state-owned group Shandong Hi-Speed Group and Hong Kong-based investment company Friedmann Pacific Asset Management won the tender process to buy the 49.99% stake in Toulouse-Blagnac airport, in France.

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