CodeGen

Published on Thursday, December 18, 2014

Heathrow completes sale of three UK airports




Heathrow Airport Holdings has completed the sale of Aberdeen, Glasgow and Southampton airports.

The three airports have been sold to a consortium formed by Macquarie and Ferrovial.

Heathrow chief executive John Holland-Kaye said: "This sale enables us to focus on improving Heathrow for passengers and winning support for Heathrow expansion."


Southampton Airport issued a statement this morning saying it was 'very much business as usual' under the new ownership.


"We will still continue to operate independently as an airport under local management in a similar way to before. It is very much business as usual as we head into the busy Christmas period," said MD
Dave Lees.


Aberdeen, Glasgow and Southampton are the last airports, outside Heathrow, owned by the former BAA after regulators forced the sale of Gatwick, Stansted and Edinburgh.
 

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