TravelMole
Operators

For Sale sign goes up at Coventry airport

Friday, 8 May 20093 min read


Coventry
airport is being put up for sale by its shareholders and directors.

More than £6 million has been invested in infrastructure at the airport since it was taken over from the TUI Group after the operator ceased flying from Coventry.

Improvements include upgrading the airport ground lighting system, resurfacing part of the runway, new signage for the runway and taxiways and ongoing improvements to air traffic control.

KPMG has been appointed as advisors to the sale.

Airport director Brian Cox said: “Coventry airport offers excellent potential, giving the prospective buyer a wealth of opportunities.

“We look forward to reaching an agreement with a scheduled passenger carrier in the near future.

“Presently we are concentrating on developing the airport as a ‘Midland Hub’ for cargo, executive jets and ad hoc charter operations.”

by Phil Davies