UPDATE. Slovakia will try to rent out Bratislava Airport

Transport Minister Árpád Érsek proposes renting Bratislava airport to a concessionaire for 30 years, the SITA newswire wrote.

It cited a draft public-private partnership project for selecting a concessionaire for the operation of M.R. Štefánik Airport in Bratislava (BTS), which his department submitted on October 26 for a fast-tracked interdepartmental review.

The expedited review should be closed as early as on November 2, as the Ministry claims, there is an urgent need to carry out further actions resulting from the project as well as the entire procedure of selecting a concessionaire. According to the proposed schedule, the concession agreement could come into force as soon as 2021.

The documents ultimately find a strategic partner to be the best solution, with the State acquiring an extra €61 million, and a higher residential value for BTS when it is returned.

The planned timeline
The conclusion of the concession is expected by June 2020, after a public tender. Its subject should be the operation, maintenance and development of Bratislava airport, while the runways and the connected infrastructure should remain in the ownership of BTS, according to Sme.

“By implementing the project of public-private-partnership in the form of granting a concession, the long-term sustainable development of M. R. Štefánik Airport will be secured,” the ministry predicts, as cited by Sme. “The precondition is that the strategic partner improves the competitive position of BTS in the region and increases the offer and quality of the airport services.

Source: The Slovak Spectator