£70m investment plan for Leeds Bradford Airport
13.03.08
Bridgepoint, the private equity group that paid West Yorkshire’s five councils £146m for Leeds Bradford Airport last year, plans to spend £70m to stimulate more use of the hub, the Financial Times reports.
Sir Graham Hall, a well-known Yorkshire business leader who is chairman of the company created to run the airport, says more than half of the flights taken each year by Yorkshire’s 6m people start from outside the region. He sees plenty of opportunity to get more of them to stop travelling to use airports such as Manchester - which serves a much broader range of destinations.
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