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Royal Schiphol Group finalizes deal to buy stake in Maastricht Airport

Devender Grover by Devender Grover
June 12, 2024
in Airports, Sustainability, Technology
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Royal Schiphol Group finalizes deal to buy stake in Maastricht Airport
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Royal Schiphol Group has finalized a landmark deal to purchase a 40% stake in Maastricht Aachen Airport (MST), becoming the second shareholder in the airport alongside the province of Limburg.

Officially signed on the 8th of June, the EUR 4.2 million investment will see Maastricht Aachen Airport join Royal Schiphol Group, securing its future in a strategic partnership committed to the sustainable development of the hub.

“Maastricht Aachen Airport is the second largest cargo airport in the Netherlands and makes a significant economic contribution to the country,” said Joost van Doesburg, Head of Cargo with Schiphol Airport (Schiphol).

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“Both Schiphol and MST recognize the importance of cargo, valuable freighter slots and good connectivity with the rest of the world.

“This collaboration will add value for our cargo partners at both airports, as we strive towards innovation, efficiency and sustainability.”

The joining of forces will see both hubs share market intelligence and freight data as the teams develop innovations in cargo transport and handling, with Maastricht offering an ideal testing ground for key priorities such as sustainable aviation.

“Partnering with Schiphol will boost market confidence, and the benefits will be passed on to our cargo customers through our improved speed, and capacity,” said Jos Roeven, CEO of MST.

“Freight is vital to our national economy, so this is a key moment not only for the Dutch cargo community, but also the Netherlands at large.”

Devender Grover

Devender Grover

Devender was born in the year when the Beatles Group was formed. He holds two master’s degrees in English Literature and Public Administration. He also has an Honors degree in English Literature and a post-graduate diploma in Corporate Communications and Public Relations. He was closely associated with the Indian State Transport Undertakings and Ministry of Transport in his role as Corporate Communications and PR specialist for over two decades handling domestic and international organizations. He ventured into business forming his own Media House, Profiles Media Network Private Limited which is now a twenty years old company. Excelling as an editor, Marketing, PR, Anchor, and Advertising specialist, he is now expertly navigating the world of social media. A widely traveled professional internationally, Devender has a deep understanding of the Air Cargo, Cargo Business, Cargo Airports, Freighters and Cargo Industry at large.

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