The dispute over the merger of Sardinia's airports is escalating. A privatization under the aegis of the F2i Ligantia fund, which, with the support of the Region, has applied to become the majority shareholder. It involves two steps: first, the acquisition of Cagliari's Mameli airport, a goldmine with €10 million in profits, the island's only remaining public airport (unlike Olbia and Alghero, which are already owned by F2i).
Then, the launch of a single management with a holding company in which F2i will have a 50.25% stake. "Total control," trade associations and unions reiterate, aligning themselves with the Court of Auditors, which already rejected the operation in 2023 with "an opinion that, while not binding," says Fabio Onnis, president of Confcooperative, "deserves a public and transparent investigation."
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Concerns over the corporate structure fueled debate in the Cagliari City Council on Monday, as the privatization of the Mameli airport, managed by Sogaer and in which the Cagliari-Oristano Chamber of Commerce (Cciaa), a public economic entity, holds a 94.45% stake, is not a clear cut matter. The sale, and this was the first finding of the accounting judges, is taking place without a call for tenders. The Chamber – and this is the Court's second finding – chose F2i at its discretion, given its control of the two airports in Northern Sardinia.
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