Belfast City Airport is for sale
27.05.08
Belfast City Airport has been put up for sale by its Spanish owners, it has been confirmed today. Owners Grupo Ferrovial, who bought the airport in 2003, said it was ‘considering strategic alternatives’ to its shareholding. A price tag of over £100 million has been put on the airport it paid £35 million for.
It is understood that KPMG have been tasked with overseeing the sale. It is reported that there has been considerable interest and a sale should be completed in the final three months of the year. Ferrovial insisted the day to day operations of the business, and employment levels, were not affected by their decision.
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