State to sell Paris airport stake to invest

Paris airports will be fully privatised in 2019 as the government moves to end the conflict between it being the largest share- holder in the owning company of Charles-de-Gaulle, Orly and Le Bourget airports while also being the air industry regulator.

At present the state holds 50.6% of Groupe ADP (formerly Aéroports de Paris) and the sale was a campaign promise of President Macron. There had been doubts over whether it could be achieved as it proved harder than expected to set up.

ADP operates the Paris airports and, unlike France’s other airports, ...

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