United Kingdom
United States
Asia Pacific
Four UK airports reportedly up for sale
The ownership of several UK airports could be about to change hands.
According to Reuters, the majority owner of Edinburgh airport is actively looking to sell.
Global Infrastructure Partners (GIP) is looking to offload its majority stake, according to several sources.
That would value the airport at about €2.5 billion.
It could see a new owner by 2024.
There is no confirmation on whether GIP is in talks with a specific buyer.
Separately, Aberdeen, Glasgow, and Southampton airports could also be sold, Reuters says.
The three airports are operated by AGS Airports which is jointly owned by Macquarie and Ferrovial.
The firms may also be looking to offload their stakes, per Reuters sources.
Ferrovial this week announced it is selling its 25% stake in London Heathrow airport.
Related News Stories: Four UK airports reportedly up for sale List of reportedly haunted locations - Wikipedia Exclusive: Boeing, Lockheed Martin in talks to sell rocket-launch firm ... District of Massachusetts | Eighteen Individuals and Entities ... Should we give up flying for the sake of the climate? The Washington Post - Breaking news and latest headlines, U.S. ... Weekly Roundup 4/25/16 Consumer Awareness Archives | Page 3 of 9 | Clifford Law Offices Business Insider - Latest News in Tech, Markets, Economy ... News
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
Kittipong Prapattong’s Plan for Thailand’s Tourism Growth: Taxes, Visas, and Campaigns
James Jin: Didatravel’s Journey from China to Global Reach and the Impact of AI on Travel
Darien Schaefer on Pensacola’s Evolution: From Small Town to Global Destination
Florida Tourism’s Next Frontier: Dana Young on Expanding Beyond the Classics
Patrick Harrison on Tampa Bay Tourism’s Resilience and Marketing Strategy
Bubba O’Keefe on Clarksdale’s Vibrant Music Scene
Commemorating Elvis and Embracing Tupelo’s Culture with Jennie Bradford Curlee
Craig Ray and the Expansion of the Blues Trail
Presenting Mississippi’s Cultural Trails with Katie Coats
Robert Terrell: A Journey Through BB King’s Influence
Rochelle Hicks: Celebrating Mississippi’s Musical Legacy
Exploring Jacksonville with Katie Mitura: The Flip Side of Florida
Boy falls to death on cruise ship
Dozens fall ill in P&O Cruises ship outbreak
Turkish Airlines flight in emergency landing after pilot dies
Unexpected wave rocks cruise ship
Woman dies after going overboard in English Channel