Canadian investors take majority share in Italy’s Parma airport

Canadian investors have acquired a majority share of Italy’s Parma airport, situated midway between Milan and Bologna. The airport is primarily served by budget carrier Ryanair and the Moldovan operator FlyOne. Canadian aviation firm Centerline Airport Partners says it has acquired a 51% shareholding in the airport company SOGEAP. “Our international experience and commitment to excellence will bring significant benefits to the city and its people,” says Centerline CE Andrew O’Brian. The company describes the measure as a “strategic investment” which “underscores our commitment to enhancing connectivity”. “With a proven track record in airport management and development worldwide, Centerline is poised to elevate the airport’s operations and services,” it adds. It aims to expand the destination network served from Parma, attracting international carriers to serve new routes. “The main focus will be on an improved customer experience, ensuring that all passengers enjoy a seamless and enjoyable airport experience,” says Centerline.<br/>
FlightGlobal
https://www.flightglobal.com/air-transport/canadian-investors-take-majority-share-in-italys-parma-airport/158686.article
6/7/24