[photopress:xianyang_museum_xianyang.jpg,full,alignright]Germany’s Fraport, which operates Frankfurt Airport, possibly the only airport in the world with a blue movie cinema in the basement, has become one of the shareholders of Xianyang International Airport in northwest China’s Shaanxi Province. It now has a 24.5% stake.
Fraport will pay RMB490 million for the stake while the state-owned company China West Airport Group will hold 50.9% of the shares. The other two shareholders are China National Aviation Holding Company with a 24.5% stake and Xi’an Airport Logistics of China West Airport Group.
The Xianyang Airport is the largest in northwest China and handled 9.4 million passengers last year.