Infratil says it is still trying to sell two airports in Britain, despite passenger numbers improving. The company has been trying to sell Glasgow Prestwick and Kent International airports, which last year lost $10 million, for more than a year. Latest figures show passenger numbers at Glasgow increased 14% in May with more than 118,000 passengers passing through, and the …Read More »
Manston and Prestwick have proved hard to sell. Unsurprisingly. Infratil wants to sell them because they’re failures – and that’s why they’re hard to sell. Infratil has been losing millions every year, for years, and they’re eager to staunch the flow. The penny seems to have dropped that these two failed airports would be easier to sell… if they weren’t …Read More »
Two minds with but a single thought Iain Cochrane, chief executive of Glasgow Prestwick Airport: I believe this is an excellent opportunity for us to attract new investment into the airport to provide the stimulus for future growth. STV 8th March 2012 Charles Buchanan, chief executive of Manston Airport: This represents an opportunity for Manston to … attract new investment …Read More »
Kent International Airport could be as busy as Glasgow Prestwick in five years, according to Manston’s new boss. The forecast comes just weeks after Infratil, the New Zealand investment company, bought the Thanet airport from the administrators of former owners PlaneStation for £17 million.
Infratil already owns Glasgow Prestwick which has seen a surge of growth in recent years, employing 500 people directly with a further 3,500 jobs related to the airport.Read More »