Meinl Airports ready for take-off at the 29th March
March 27th, 2007 in Austrian Stock Exchange
Julius Meinl gives the starting shot for his new large-scale project: Airports International.
Meinl Airports is going to be a synthesis between the expertise of the Meinl Bank out of the privatisations of the airports Bratislava and Kosice, as well as the experience of project developments in Central and Eastern Europe with Meinl European Land.
The start on the stock exchange market is going to take place on the 29th March.
Meinl Airport should become the same factor like Meinl European Land. The real estate company has a value of 6,1 billion EUR at the moment.
“Successful airports don’t earn their money by aviation and ground handling, but in real estates”, Julius Meinl already delcared one year ago.
Julius Meinl thinks about Russia. “There are twelve Russian cities with a catchment area between three and four million people, which have scarcely developed airports. We have the possibilty to create a conformable infrastructure”, he said.

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