Brussels Airport (BRU) infrastructure: future

[fcw]

I can't believe a company like Sabena Engineering (or BAC) doesn't understand how this Soviet-'infrastructure' reflects on their image....

Airlines are continuously looking for cheaper maintenance contracts, they don’t care about the look of a building.

[Atlantis]

As we can see on this mean page and the British press from a few days ago, the Canadian funds OTPP is going to sell it's shares in the 5 European airports.

First the minority shareholders will have 30 days to react, they can buy extra shares or they also can decide to sell.

But OTPP is also looking at an old connection of BRU, Macquarie.

This explains also a lot of this year ongoing issues.
Under Macquarie the Connector was build. They were very successful during their 15 years as majority shareholder. They brought dynamic and order at Brussels Airport.

Now is important that BRU will not be bought by the federal government. This will cause that it will lose its dynamic but also becoming a play ball of this country.
But it also could be a Chinese investor...

Time will tell. 2025 will be challenging

[JOVAN2]

As we can see on this mean page and the British press from a few days ago, the Canadian funds OTPP is going to sell it's shares in the 5 European airports.

First the minority shareholders will have 30 days to react, they can buy extra shares or they also can decide to sell.

But OTPP is also looking at an old connection of BRU, Macquarie.

This explains also a lot of this year ongoing issues.
Under Macquarie the Connector was build. They were very successful during their 15 years as majority shareholder. They brought dynamic and order at Brussels Airport.

Now is important that BRU will not be bought by the federal government. This will cause that it will lose its dynamic but also becoming a play ball of this country.
But it also could be a Chinese investor...

Time will tell. 2025 will be challenging

Any normal country would take this opportunity to buy back this major economic hub..
Tha Australians, Canadians etc have only taken dividents and benefits from BRU.
Luckily in the last 4 years they got zero dividents.
Now they leave.
Beussels Airport is an under performing airport with no passenger-related investments in the last ,10 years.
Belgian citizens have over 400 billion euro's in savings that are sleeping. If politicians would create a vehicle to move a small part of this savings to invest in BRU and create thousands of jobs and a modern airport, that would be a great project.

[lumumba]

As we can see on this mean page and the British press from a few days ago, the Canadian funds OTPP is going to sell it's shares in the 5 European airports.

First the minority shareholders will have 30 days to react, they can buy extra shares or they also can decide to sell.

But OTPP is also looking at an old connection of BRU, Macquarie.

This explains also a lot of this year ongoing issues.
Under Macquarie the Connector was build. They were very successful during their 15 years as majority shareholder. They brought dynamic and order at Brussels Airport.

Now is important that BRU will not be bought by the federal government. This will cause that it will lose its dynamic but also becoming a play ball of this country.
But it also could be a Chinese investor...

Time will tell. 2025 will be challenging

Why shouldn't the Belgian state not buy it!!!
That's exactly what has to happen they have to buy it and make a good mix between investment and grow instead of profit for a foreigner compan!!!
The Belgian government is a good option to encourage investment and expansion, a private company will do it to the detriment of profits.

[Established02]

Why shouldn't the Belgian state not buy it!!!

The Belgian state does not have the luxury to buy anything whatsoever. It already has a public debt of 600+ billion EUR. The yearly interest to be paid on this escalating debt is about 9 billion EUR per year. The Belgian population has no awareness, no willingness and no capacity to ever pay back this public debt, but it will nevertheless suffer the dire consequences of it.

[longwings]

BRU is overall a very decent airport and I’m glad some of the biggest eyesores/inconveniences are fnally being tackled albeit 20 years late (but that’s another story). To make it a really good and multi-modal airport requires state ownership because the structural investments required are beyond the window when private owners expect a return on their investment. If the airport stays in private hands, we will continue to see mostly incremental improvements, but not a true train-plane connection, the end of the Schengen terminal death march, a more convivial central area…

Unfortunately, the state can’t afford to buy, and even should absolutely not. State finances being what it is, they would invest less than a private owner would. Under state ownership, they’d have a ribbon cutting ceremony for a new coat of paint in the restrooms because they couldn’t afford anything bigger…

[Atlantis]

As we can see on this mean page and the British press from a few days ago, the Canadian funds OTPP is going to sell it's shares in the 5 European airports.

First the minority shareholders will have 30 days to react, they can buy extra shares or they also can decide to sell.

But OTPP is also looking at an old connection of BRU, Macquarie.

This explains also a lot of this year ongoing issues.
Under Macquarie the Connector was build. They were very successful during their 15 years as majority shareholder. They brought dynamic and order at Brussels Airport.

Now is important that BRU will not be bought by the federal government. This will cause that it will lose its dynamic but also becoming a play ball of this country.
But it also could be a Chinese investor...

Time will tell. 2025 will be challenging

Why shouldn't the Belgian state not buy it!!!
That's exactly what has to happen they have to buy it and make a good mix between investment and grow instead of profit for a foreigner compan!!!
The Belgian government is a good option to encourage investment and expansion, a private company will do it to the detriment of profits.

You seems to forget that the State was already once the main shareholder and it was the biggest disaster. This was before Macquarie.
What the State did at that time was only to secure their money and to bring in friends politics. It was the time when nothing was moving at all.

Since Macquarie came they brought order, rules and started to run it like it should be. They had the capital to invest which they did.

Don't forget that the State has already 25% of the shares. But nobody hopes they will get more. Two reasons: 1. They don't have the billions to buy it and for sure not the money to invest in it after.
2. If the State would be the main shareholder, the airport would become even more the communautair play ball between all the governments.

The only good solution is a private investor

[JOVAN2]

As we can see on this mean page and the British press from a few days ago, the Canadian funds OTPP is going to sell it's shares in the 5 European airports.

First the minority shareholders will have 30 days to react, they can buy extra shares or they also can decide to sell.

But OTPP is also looking at an old connection of BRU, Macquarie.

This explains also a lot of this year ongoing issues.
Under Macquarie the Connector was build. They were very successful during their 15 years as majority shareholder. They brought dynamic and order at Brussels Airport.

Now is important that BRU will not be bought by the federal government. This will cause that it will lose its dynamic but also becoming a play ball of this country.
But it also could be a Chinese investor...

Time will tell. 2025 will be challenging

Why shouldn't the Belgian state not buy it!!!
That's exactly what has to happen they have to buy it and make a good mix between investment and grow instead of profit for a foreigner compan!!!
The Belgian government is a good option to encourage investment and expansion, a private company will do it to the detriment of profits.

You seems to forget that the State was already once the main shareholder and it was the biggest disaster. This was before Macquarie.
What the State did at that time was only to secure their money and to bring in friends politics. It was the time when nothing was moving at all.

Since Macquarie came they brought order, rules and started to run it like it should be. They had the capital to invest which they did.

Don't forget that the State has already 25% of the shares. But nobody hopes they will get more. Two reasons: 1. They don't have the billions to buy it and for sure not the money to invest in it after.
2. If the State would be the main shareholder, the airport would become even more the communautair play ball between all the governments.

The only good solution is a private investor

week
The ultra-liberal governments of the last 25 years, mixed with some red and green have made a mess
Like economist Geert Noels and many other wise men and women said, all essential and vital economic and financial infrastructure should have
Belgian control. A mix of Federal and or regional government with some local investment companies and Banks are perfectly possible.

In the past years, Belgium give away Electrabel, Fortis, gas companies, SN...
The almost sold The gas distribution to the Chinese !
But even the French or Germans or Dutch will only come to "plunder" us in a legal way....
Result is extreme high prices for most essential services.
There are enough savings with Belgian families, on saving accounts that do not give much interest. If professionally organized., many people would be happy to invest even for 2 to 3 pct interest.

[Atlantis]

Why shouldn't the Belgian state not buy it!!!
That's exactly what has to happen they have to buy it and make a good mix between investment and grow instead of profit for a foreigner compan!!!
The Belgian government is a good option to encourage investment and expansion, a private company will do it to the detriment of profits.

You seems to forget that the State was already once the main shareholder and it was the biggest disaster. This was before Macquarie.
What the State did at that time was only to secure their money and to bring in friends politics. It was the time when nothing was moving at all.

Since Macquarie came they brought order, rules and started to run it like it should be. They had the capital to invest which they did.

Don't forget that the State has already 25% of the shares. But nobody hopes they will get more. Two reasons: 1. They don't have the billions to buy it and for sure not the money to invest in it after.
2. If the State would be the main shareholder, the airport would become even more the communautair play ball between all the governments.

The only good solution is a private investor

week
The ultra-liberal governments of the last 25 years, mixed with some red and green have made a mess
Like economist Geert Noels and many other wise men and women said, all essential and vital economic and financial infrastructure should have
Belgian control. A mix of Federal and or regional government with some local investment companies and Banks are perfectly possible.

In the past years, Belgium give away Electrabel, Fortis, gas companies, SN...
The almost sold The gas distribution to the Chinese !
But even the French or Germans or Dutch will only come to "plunder" us in a legal way....
Result is extreme high prices for most essential services.
There are enough savings with Belgian families, on saving accounts that do not give much interest. If professionally organized., many people would be happy to invest even for 2 to 3 pct interest.

Belgians are not eager to invest. That's why there is a huge amount on the saving accounts......

The population would even not invest in defense to have at least ammunition and weapons for the army bcs they think that war will not come there.....

[lumumba]

You seems to forget that the State was already once the main shareholder and it was the biggest disaster. This was before Macquarie.
What the State did at that time was only to secure their money and to bring in friends politics. It was the time when nothing was moving at all.

Since Macquarie came they brought order, rules and started to run it like it should be. They had the capital to invest which they did.

Don't forget that the State has already 25% of the shares. But nobody hopes they will get more. Two reasons: 1. They don't have the billions to buy it and for sure not the money to invest in it after.
2. If the State would be the main shareholder, the airport would become even more the communautair play ball between all the governments.

The only good solution is a private investor

week
The ultra-liberal governments of the last 25 years, mixed with some red and green have made a mess
Like economist Geert Noels and many other wise men and women said, all essential and vital economic and financial infrastructure should have
Belgian control. A mix of Federal and or regional government with some local investment companies and Banks are perfectly possible.

In the past years, Belgium give away Electrabel, Fortis, gas companies, SN...
The almost sold The gas distribution to the Chinese !
But even the French or Germans or Dutch will only come to "plunder" us in a legal way....
Result is extreme high prices for most essential services.
There are enough savings with Belgian families, on saving accounts that do not give much interest. If professionally organized., many people would be happy to invest even for 2 to 3 pct interest.

Belgians are not eager to invest. That's why there is a huge amount on the saving accounts......

The population would even not invest in defense to have at least ammunition and weapons for the army bcs they think that war will not come there.....

If a state or a system no longer works, we must also change the system, but always reducing it to austerity is so destructive
In my opinion, the minimum Belgian requirement is 51% for the airport.

[Conti764]

As we can see on this mean page and the British press from a few days ago, the Canadian funds OTPP is going to sell it's shares in the 5 European airports.

First the minority shareholders will have 30 days to react, they can buy extra shares or they also can decide to sell.

But OTPP is also looking at an old connection of BRU, Macquarie.

This explains also a lot of this year ongoing issues.
Under Macquarie the Connector was build. They were very successful during their 15 years as majority shareholder. They brought dynamic and order at Brussels Airport.

Now is important that BRU will not be bought by the federal government. This will cause that it will lose its dynamic but also becoming a play ball of this country.
But it also could be a Chinese investor...

Time will tell. 2025 will be challenging

Why shouldn't the Belgian state not buy it!!!
That's exactly what has to happen they have to buy it and make a good mix between investment and grow instead of profit for a foreigner compan!!!
The Belgian government is a good option to encourage investment and expansion, a private company will do it to the detriment of profits.

The Belgian state is broke ass beggar.

[Conti764]

week
The ultra-liberal governments of the last 25 years, mixed with some red and green have made a mess
Like economist Geert Noels and many other wise men and women said, all essential and vital economic and financial infrastructure should have
Belgian control. A mix of Federal and or regional government with some local investment companies and Banks are perfectly possible.

In the past years, Belgium give away Electrabel, Fortis, gas companies, SN...
The almost sold The gas distribution to the Chinese !
But even the French or Germans or Dutch will only come to "plunder" us in a legal way....
Result is extreme high prices for most essential services.
There are enough savings with Belgian families, on saving accounts that do not give much interest. If professionally organized., many people would be happy to invest even for 2 to 3 pct interest.

Belgians are not eager to invest. That's why there is a huge amount on the saving accounts......

The population would even not invest in defense to have at least ammunition and weapons for the army bcs they think that war will not come there.....

If a state or a system no longer works, we must also change the system, but always reducing it to austerity is so destructive
In my opinion, the minimum Belgian requirement is 51% for the airport.

Good luck finding an investor who is willing to pay many euros for a de facto state run company.

[Atlantis]

week
The ultra-liberal governments of the last 25 years, mixed with some red and green have made a mess
Like economist Geert Noels and many other wise men and women said, all essential and vital economic and financial infrastructure should have
Belgian control. A mix of Federal and or regional government with some local investment companies and Banks are perfectly possible.

In the past years, Belgium give away Electrabel, Fortis, gas companies, SN...
The almost sold The gas distribution to the Chinese !
But even the French or Germans or Dutch will only come to "plunder" us in a legal way....
Result is extreme high prices for most essential services.
There are enough savings with Belgian families, on saving accounts that do not give much interest. If professionally organized., many people would be happy to invest even for 2 to 3 pct interest.

Belgians are not eager to invest. That's why there is a huge amount on the saving accounts......

The population would even not invest in defense to have at least ammunition and weapons for the army bcs they think that war will not come there.....

If a state or a system no longer works, we must also change the system, but always reducing it to austerity is so destructive
In my opinion, the minimum Belgian requirement is 51% for the airport.

You are wrong in this. BAC has 2 shareholders: BAISA, 75%, is the biggest one and is a consortium of private stakeholders. You have there OTPP with 36% of the shares and a certain amount of others from Japan, Australia, The Netherlands, Switzerland and Belgium. Most of them are insurance companies. The second shareholder is the federal government in a federal holding with 25% of the shares + 1 vote.
It's those 36% who will be sold now

[Boavida]

As we can see on this mean page and the British press from a few days ago, the Canadian funds OTPP is going to sell it's shares in the 5 European airports.

First the minority shareholders will have 30 days to react, they can buy extra shares or they also can decide to sell.

But OTPP is also looking at an old connection of BRU, Macquarie.

This explains also a lot of this year ongoing issues.
Under Macquarie the Connector was build. They were very successful during their 15 years as majority shareholder. They brought dynamic and order at Brussels Airport.

Now is important that BRU will not be bought by the federal government. This will cause that it will lose its dynamic but also becoming a play ball of this country.
But it also could be a Chinese investor...

Time will tell. 2025 will be challenging

Why shouldn't the Belgian state not buy it!!!
That's exactly what has to happen they have to buy it and make a good mix between investment and grow instead of profit for a foreigner compan!!!
The Belgian government is a good option to encourage investment and expansion, a private company will do it to the detriment of profits.

The Belgian state is broke ass beggar.

That's why the (majority) ownership of the airport should be transferred to the Flemish region. It could already be on the table of the current (federal) government negotiations...

Just like Charleroi and Liège are owned by the Walloon region, Zaventem should be owned by Flanders. In the (inevitable) process towards a more (con)federal structure, it's only logical. Contrary to bankrupt Belgium, Flanders has the (financial) means to invest massively in the airport.

[lumumba]

Why shouldn't the Belgian state not buy it!!!
That's exactly what has to happen they have to buy it and make a good mix between investment and grow instead of profit for a foreigner compan!!!
The Belgian government is a good option to encourage investment and expansion, a private company will do it to the detriment of profits.

The Belgian state is broke ass beggar.

That's why the (majority) ownership of the airport should be transferred to the Flemish region. It could already be on the table of the current (federal) government negotiations...

Just like Charleroi and Liège are owned by the Walloon region, Zaventem should be owned by Flanders. In the (inevitable) process towards a more (con)federal structure, it's only logical. Contrary to bankrupt Belgium, Flanders has the (financial) means to invest massively in the airport.

That also could be a solution.

[Atlantis]

Why shouldn't the Belgian state not buy it!!!
That's exactly what has to happen they have to buy it and make a good mix between investment and grow instead of profit for a foreigner compan!!!
The Belgian government is a good option to encourage investment and expansion, a private company will do it to the detriment of profits.

The Belgian state is broke ass beggar.

That's why the (majority) ownership of the airport should be transferred to the Flemish region. It could already be on the table of the current (federal) government negotiations...

Just like Charleroi and Liège are owned by the Walloon region, Zaventem should be owned by Flanders. In the (inevitable) process towards a more (con)federal structure, it's only logical. Contrary to bankrupt Belgium, Flanders has the (financial) means to invest massively in the airport.

In a perfect world yes. But did you saw what's going on with AMS? The government and the cities around, people, are killing that airport.

Here is the same. After the environment permit one case after the other. Politics will never invest heavily in BRU. It was not on the past and not now. Also the Flemish government had not too much cash.

BTW, the Flemish government is the owner of OST and ANR. Do you see huge investments?

[JOVAN2]

Flemish government keeps ostend and Antwerp airport just for strategic reasons. Like seen after bomb attacks in 2016.
BRU is federal, but there might be financial investment.
AMS is also owned by NL government, Noord Holland province, Amsterdam city and other shareholders.o
BRU can be the chicken with the golden eggs.
Now 65.000 jobs (direct & indirect).
Can easily grow to 80.000 and a lot more direct connectivity.

[Atlantis]

Flemish government keeps ostend and Antwerp airport just for strategic reasons. Like seen after bomb attacks in 2016.
BRU is federal, but there might be financial investment.
AMS is also owned by NL government, Noord Holland province, Amsterdam city and other shareholders.o
BRU can be the chicken with the golden eggs.
Now 65.000 jobs (direct & indirect).
Can easily grow to 80.000 and a lot more direct connectivity.

Yeah right, AMS owned by the government and the government wants to shrink them. Certain airlines will move away and the home carrier, KLM, is treated as unwanted. Other airlines receive more slots then KLM.

So, that's your point? You want to go in that direction? We know that Belgian politics are chickens. They will never take unpopular decisions if it can cost them votes.

[JOVAN2]

Flemish government keeps ostend and Antwerp airport just for strategic reasons. Like seen after bomb attacks in 2016.
BRU is federal, but there might be financial investment.
AMS is also owned by NL government, Noord Holland province, Amsterdam city and other shareholders.o
BRU can be the chicken with the golden eggs.
Now 65.000 jobs (direct & indirect).
Can easily grow to 80.000 and a lot more direct connectivity.

Yeah right, AMS owned by the government and the government wants to shrink them. Certain airlines will move away and the home carrier, KLM, is treated as unwanted. Other airlines receive more slots then KLM.

So, that's your point? You want to go in that direction? We know that Belgian politics are chickens. They will never take unpopular decisions if it can cost them votes.

You do not know the Dutch
Shrinking AMS is only to keep away foreign airlines.
The goal is to make a more KLM airport.
To get rid of competitors.
Typical Dutch hypocrite game.

[lumumba]

Flemish government keeps ostend and Antwerp airport just for strategic reasons. Like seen after bomb attacks in 2016.
BRU is federal, but there might be financial investment.
AMS is also owned by NL government, Noord Holland province, Amsterdam city and other shareholders.o
BRU can be the chicken with the golden eggs.
Now 65.000 jobs (direct & indirect).
Can easily grow to 80.000 and a lot more direct connectivity.

Yeah right, AMS owned by the government and the government wants to shrink them. Certain airlines will move away and the home carrier, KLM, is treated as unwanted. Other airlines receive more slots then KLM.

So, that's your point? You want to go in that direction? We know that Belgian politics are chickens. They will never take unpopular decisions if it can cost them votes.

But it's not the same AMS is much bigger and reached it's limit when it comes to viability with the populations living around it.
You can't grow indefinitely an airport makes much noise etc....
Also you can't make from Oostende or Antwerp profitable airports like that it's very complicated you need to be located near a big city or have a good geographical situation you need a hub to generate a gentrification you also need a lot of space around,you need to start also in this cases with a big big investment again it's very complicated.