Passenger Terminal
The daily portal for the latest airport passenger terminal news and views
   Sort by: relevance most recent


China Everbright Limited completes acquisition of Tirana International in Albania

Investment company China Everbright Limited (CEL) has completed the acquisition of 100% of shares in Tirana International Airport SHPK (TIA), which owns the concession right to operate Tirana International Airport in Albania until 2027.

Tirana International is Albania’s primary airport and the number of annual passengers at the airport has increased from 600,000 in 2005 to more than two million in 2015.

Chen Shuang, executive director and CEO of CEL, said, “Thanks to the support of the Albanian government and TIA’s management team, CEL is delighted to have completed the acquisition of Tirana International Airport. The acquisition is a proactive corporate approach to identify good infrastructure investment opportunities, which is in line with China’s ‘One Belt, One Road’ initiative.

“With CEL’s support and resources, TIA can further upgrade its facilities and hardware to create excellence in all aspects. Also, leveraging on CEL’s extensive networks in China, we believe that trading and tourism between the two countries will be further promoted. Therefore, this acquisition is of great significance and value.”

CEL is experienced in the aviation industry and is the single largest shareholder of China Aircraft Leasing Group Holdings Limited, an independent aircraft leasing business. China is currently Albania’s second largest trading partner nationally.

Rolf Castro-Vasquez, CEO of TIA, said, “We are thrilled to announce an era of transformation with CEL. The current shareholders and all employees have proudly developed the airport and served its passengers, providing state-of-the-art facilities. We look forward to further growth under the new shareholder by delivering what our travelers need and wish for.”

October 10, 2016


Your email address:

Monthly Poll >>

What is the biggest challenge facing the African aviation sector today?


Click here for listings and information on leading suppliers covering all aspects of the passenger terminal industry. Want to see your company included? Email Damien de Roche.

View all suppliers >>

Passenger Terminal World >>

Read latest issueNEW DIGITAL EDITION:
Passenger Terminal World January 2018 is now online.

Read now.

More Information>>

Railway Terminal World >>

Read latest issueNEW DIGITAL EDITION: From the publishers of Passenger Terminal World, the only magazine dedicated to railway terminal and station design and technologies.

Read the free digital edition >>

TV >>

iGA releases video showcasing Istanbul New Airport

Watch Now >>

Annual Showcase 2018 >>

Read latest issueNEW DIGITAL EDITION:

Passenger Terminal World Showcase 2018 is now online.

Read now.

More Information >>