The Elite Ayrshire Business Circle

The Elite Ayrshire Business Circle

Thursday, 8 March 2012

Prestwick Airport to be sold, announces New Zealand owner Infratil

Glasgow Prestwick Airport is being put up for sale by its New Zealand owners, Infratil.

Infrastructure investment company Infratil said it will also look for a buyer for Manston Airport in Kent.

Prestwick, which is budget airline Ryanair’s Scottish base, has a terminal capacity of three million and is situated in Ayrshire, about 45 minutes from Glasgow.

Glasgow Prestwick Airport chief executive Iain Cochrane (pictured above) said: “At the Infratil Investor Day today in New Zealand, it was announced that Infratil intends to sell both Glasgow Prestwick and Manston airports.

“This decision comes from a re-focusing of Infratil’s investment profile and has been under consideration for some time. It’s consistent with Infratil chief executive Marco Bogoievski’s public comments over recent months.

“Prestwick is a great airport with a great team and a great future. I believe this is an excellent opportunity for us to attract new investment into the airport to provide the stimulus for future growth.

“Today, it’s business as usual as the busy summer season approaches and we’re totally focused on looking after our customers.”

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