Venice puts airport operator stake up for sale
The city of Venice has put up for sale its 14.1 percent stake in the operator of its local airport, in a last-ditch attempt to meet year-end budget targets and avoid possible job cuts. The sale of the stake in Save SpA, which runs Venice's Marco Polo airport, is the latest example of cash-strapped local authorities forced to sell assets to meet the demands of Italy's Stability Pact.
7701 Las Colinas Blvd., Ste. 800, Irving, TX 75063