The incoming Dutch government has called off the planned sale of a minority stake in Amsterdam airport operator Schiphol Group, Reuters quoted Dutch TV channel NOS as saying, which cited unnamed sources.

The outgoing Dutch government had planned to sell a minority stake of just under 50 percent in Schiphol Group, which also holds stakes in Brisbane airport and in Terminal 4 of New York’s John F. Kennedy airport.

The privatisation was blocked by the city of Amsterdam, which owns 21.8 percent of Schiphol Group, citing the economic importance of the airport to the region.