Shareholder still backing Bristol Airport expansion
02.05.09
Bristol Airport's co-owners have sought to allay speculation the hub is up for sale and that its expansion plans could be affected, the Western Mercury reports. A spokesman for the Macquarie, the Australian infrastructure company, have confirmed they remain committed to a £150million project to expand the facility, following a report in the Sunday Times that said potential buyers for the airport were being sought.
Two funds run by the Australian investment company own shares in Bristol Airport, along with Ontario Teachers Pension Plan. A Macquarie Airports spokesman said: ‘Macquarie remains an investor in the airport, is committed to the development project and supportive of the growth plans.’
Proposals to expand the airport by doubling the size of the terminal, adding new car park facilities, increasing aircraft stands and installing walkways to aircraft parking areas are due to be submitted to North Somerset Council this month. If approved the development would mean Bristol Airport could handle 10million passengers by 2016.
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