/ 31 May 2000

TANZANIAN AIRPORT COMPANY SOLD TO SWISSAIR

THE Tanzanian government has sold a 51% stake in its airport services company to Swissport, a subsidiary of Swissair, for $4,8-million dollars. The state privatization agency said Swissport signed the sale agreement on Tuesday with the Tanzanian government and former foreign shareholders of the Dar es Salaam Airport Handling Company.