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SNC SNC Lavalin Group Inc

43.49
0.00 (0.00%)
17 Oct 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
SNC Lavalin Group Inc TSX:SNC Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 43.49 43.31 43.57 0 01:00:00

SNC-LAVALIN AIRPORTS THE NEW MANAGER FOR MAYOTTE-DZAOUDZI AIRPORT

06/04/2011 3:00pm

PR Newswire (Canada)


SNC Lavalin (TSX:SNC)
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MONTREAL, April 6, 2011 /CNW/ -- MONTREAL, April 6, 2011 /CNW Telbec/ - SNC-Lavalin (TSX: SNC) is pleased to announce that the French government has awarded it a Délégation de Service Public (public service operating concession contract) for the airport in Mayotte, a French island located in the Indian Ocean, in addition to the contract to build the airport's new terminal building and upgrade the airport infrastructure. The operating concession consists primarily of management and maintenance of the airport in addition to commercial development based on regular service to and from mainland France (Paris) and inter-island service in this region of the Indian Ocean. The recently signed operating concession contract is for a 15-year period. The new air terminal building will be built according to the most recent environmental standards (ISO 14001 certification) and have first-class landscaping. The entire building, designed to provide optimum service for passengers, will include a restaurant area and a large commercial area. The current 1,250-m² air terminal building will be converted into administrative offices. Delivery of the new airport is scheduled for the beginning of 2013, and the work is estimated at about CA$62 million. Jean Claude Pingat, Executive Vice-President of SNC-Lavalin Group Inc. and President of SNC-Lavalin in Europe, expressed his enthusiasm for this new concession: "We can offer our client the benefit of our comprehensive airport sector expertise in the development of this port of entry to France's 101st département." Youssef Sabeh, President of SNC-Lavalin Airports, pointed out that, "The new airport will provide the local community, users and businesses with an indispensable economic development tool for this new French département in the Indian Ocean." Mayotte-Dzaoudzi is the 10th airport to be integrated into the SNC-Lavalin Airports network after the airports of Malta, Paris-Vatry, Tarbes-Lourdes-Pyrénées, Cherbourg, Rouen and Tours and the airfields of Toulouse-Francazal, Vannes (Brittany) and Chalon-sur-Saône (Burgundy), which provide business, leisure and tourist aviation services. SNC-Lavalin is one of the leading engineering and construction groups in the world and a major player in the ownership of infrastructure, and in the provision of operations and maintenance services. SNC-Lavalin has offices across Canada and in over 35 other countries around the world, and is currently working in some 100 countries. In business since 1911, the Company celebrates its 100(th) anniversary in 2011.  www.snclavalin.com.  To view this news release in HTML formatting, please use the following URL: http://www.cnw.ca/en/releases/archive/April2011/06/c9837.html table border="1" cellspacing="0" class="cnwBorderedTable" tr valign="top" td valign="top" align="left" Media: /td td valign="top" align="left" Investors: /td /tr tr valign="top" td valign="top" align="left" Leslie Quintonbr/ Vice-President, Global Corporatebr/ Communicationsbr/ SNC-Lavalin Group Inc.br/ 514-393-8000, ext. 7354br/ a text-decoration="" href="mailto:leslie.quinton@snclavalin.com"leslie.quinton@snclavalin.com/a /td td valign="top" align="left" Denis Jasminbr/ Vice-President, Investor Relationsbr/ SNC-Lavalin Group Inc.br/ 514-393-8000, ext. 7553br/ a href="mailto:denis.jasmin@snclavalin.com"denis.jasmin@snclavalin.com/a /td /tr /table p   /p

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