For sale sign up at Belfast City
27.05.08
Belfast City Airport is up for sale it has been confirmed today. Owners Ferrovial, who bought the airport in 2003 and also own BAA, said today that they are ‘considering strategic alternatives’ to their shareholding. A price tag of over £100 million has been put on the airport it paid £35 million for, according to press reports.
It is understood that KPMG are overseeing the sale. It is reported that there has been considerable interest and a sale should be completed in the final 3 months of the year. A spokesman for Ferrovial insisted the day to day operations of the business, and employment levels, were not affected by their decision.
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