Comiso Airport Company

Comiso Airport Company (Italian: Società Aeroporto Comiso, commonly abbreviated SOACO or So.A.Co. SpA) is the Italian company that manages Pio La Torre Airport in Comiso, in the Free Municipal Consortium of Ragusa, Sicily. The company was originally established as a wholly municipal enterprise, entirely owned by the Municipality of Comiso. Its registered office is at Piazza Fonte Diana sn, 97013 Comiso (RG), and its share capital is recorded as 4,200,000 euros. The company's ownership structure changed significantly in the late 2000s. In 2007, Intersac Holding SpA was entrusted with the management of the airport and acquired 51% of the shares of the airport company. In February 2008, Intersac Holding SpA — a subsidiary of the Catania airport company — purchased an additional 588,000 shares of SOACO as well as 14% of the shares held by the Municipality of Comiso, bringing its stake to 65%. This made Intersac the majority shareholder and shifted SOACO from a purely municipal entity to a company controlled by a larger regional airport group. SOACO's operations are closely tied to the development of Comiso Airport, which required land from neighbouring municipalities. To extend the runway, 32 hectares of the neighbouring municipality of Chiaramonte Gulfi had to be occupied, and the preferred landing and take-off routes mainly affect the territory of the municipality of Vittoria. This led to discussion of the possibility that the Municipality of Comiso might sell shares of SOACO to the two municipalities affected by airport activities, but this hypothesis was not realised. As the airport management company, SOACO is responsible for the operation, maintenance and development of the airport infrastructure and for coordinating with airlines, regulators and local authorities. The company remains active and its official website provides corporate information about its role and governance.

Comiso Airport Company (Società Aeroporto Comiso, SOACO) was created as the company responsible for managing the airport serving Comiso, in the Free Municipal Consortium of Ragusa, Sicily. At its inception, SOACO was entirely owned by the Municipality of Comiso, reflecting a model of local public ownership of airport infrastructure. The ownership structure began to change in 2007, when Intersac Holding SpA was entrusted with the management of the airport and acquired 51% of the shares of the airport company. In February 2008, Intersac Holding SpA — described as a subsidiary of the Catania airport company — purchased an additional 588,000 shares of SOACO as well as 14% of the shares held by the Municipality of Comiso, raising its stake to 65%. This transaction marked the transition from full municipal ownership to majority control by a regional airport group. The development of the airport itself involved land from neighbouring municipalities. To extend the runway, 32 hectares of the neighbouring municipality of Chiaramonte Gulfi had to be occupied, and the preferred landing and take-off routes mainly affect the territory of the municipality of Vittoria. As a result, the idea circulated that the Municipality of Comiso might sell shares of SOACO to the two municipalities affected by airport activities, but this hypothesis was not realised. The company's registered office is at Piazza Fonte Diana sn, 97013 Comiso (RG), and its share capital is recorded as 4,200,000 euros. SOACO remains the operator of Pio La Torre Airport and continues to manage the airport's infrastructure and operations.

• SOACO founded as a company entirely owned by the Municipality of Comiso.

• Intersac Holding SpA entrusted with airport management and acquires 51% of SOACO shares.

• February 2008: Intersac Holding SpA purchases an additional 588,000 shares and 14% of the Municipality of Comiso's shares, raising its stake to 65%.

Regional airport management company controlled by a larger airport group, operating a single Sicilian airport.

• Pio La Torre Airport (Comiso Airport) management

1. 1Wikidata: Comiso Airport Companywikidata.org
2. 2Société Aéroport Comiso – Wikipédiafr.wikipedia.org
3. 3SO.A.CO. SpA – Official siteaeroportodicomiso.eu
4. 4Comune di Comiso – Aeroporto di Comisocomune.comiso.rg.it