The landscape of UK airports might be on the verge of a significant transformation as reports suggest that the majority owner of Edinburgh Airport, Global Infrastructure Partners (GIP), is actively seeking to sell its majority stake, potentially valuing the airport at €2.5 billion.
Sources indicate that GIP’s move could lead to a change in ownership for Edinburgh Airport by 2024. However, there is no official confirmation regarding ongoing talks with any specific buyer at this point.
In a parallel development, Aberdeen, Glasgow, and Southampton airports, all operated by AGS Airports, jointly owned by Macquarie and Ferrovial, might also be in the process of changing hands. Reuters sources suggest that Macquarie and Ferrovial are exploring the possibility of offloading their stakes in these airports.
This potential shift comes in the wake of Ferrovial’s recent announcement of selling its 25% stake in London Heathrow Airport, indicating broader changes in the ownership landscape of major airports in the UK. The developments hint at a reshaping of the aviation industry in the region, with the potential for new players to enter the scene.
More Stories
Middle East Travel Sector Poised for 40% Growth: to Exceed $127 Billion by 2027
Emerging Travel Trends: Workations, Slow Tourism, and Culinary Experiences Gain Popularity
Indigenous Tourism: A $67 Billion Opportunity for Global Economic Growth