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Bolivia Nationalizes Airport Operations From Abertis Infraestructuras SA-Dow Jones


Monday, 18 Feb 2013 10:08am EST 

Dow Jones reported that Bolivia has nationalized operations of the country's three airports, taking over the local unit of Abertis Infraestructuras SA (Abertis) and Aena. The government expropriated the companies' Bolivian subsidiary Servicios de Aeropuertos Bolivianos S.A, which had managed the airports in La Paz, Cochabamba and Santa Cruz. The move came after Abertis and Aena refused to increase a $36 million, nine-year investment plan. 

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