Argentinean billionaire Eduardo Ernekyan of Armenian origin has announced about the end of his work in the airport business.

In an interview held out in his office in Buenos Aires, a wealthy businessman even named his successor, his cousin, Martin Ernekyan.

"Business transfer is not just a symbolic step. Share sale is a key step in the long career of the Argentinean tycoon, as he handed over his business rebate to his successor, "Bloomberg writes.

"The public selling of shares that I'm doing does not mean I'm responsible for all that. The only one who will deal with airports is my cousin, Martin Ernekyan. I will conduct the deal which will be held this month, and my career in an airport business will be considered to be over, "said the Argentinean businessman.

According to the news agency, the businessman is planning to sell "Corporacion America Airports SA" company, which operates 51 airports around the world, for 750 million US dollars in January and February. This is the first public selling this year of the shares of the Argentinean company.

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