'Bid' for Glasgow Airport

A SPANISH conglomerate that owns Heathrow Airport has reportedly made a bid to buy Glasgow and several other UK airports outright.

Loading Comments

Madrid-based Ferrovial, the world's biggest private investor in transportation infrastructures, is said to have lodged an £800million takeover bid for Glasgow Airport, along with Aberdeen and Southampton airports.

The firm, which also owns roads maintenance company Amey, is expanding in the UK and is said to be keen in doing a deal for the three regional hubs.

The airports are currently owned by Heathrow Airport Holdings (HAH), previously known as BAA.

Ferrovial already owns London Heathrow and has a 25% stake in HAH, which only recently sold Edinburgh Airport for £800m after it was forced by the Competition Commission to break up its stranglehold on the UK's airports. HAH was also forced to sell London Gatwick.

Ferrovial has refused to confirm or deny an opening bid of £800m for Glasgow, Aberdeen and Southampton airports. HAH officials were also staying silent, as were airport chiefs in Glasgow.

However, reports from Spain said a substantial bid had been tabled by Ferrovial.

The reports come at a time when Glasgow Airport bosses have worked hard to bring new airlines and routes to west Scotland.

Their efforts saw the airport complete three continuous years of growth by the end of last year when more than seven million passengers used the terminal buildings.

This year is also expected to generate bumper business, with passenger numbers boosted by the Ryder Cup, Homecoming events and Glasgow hosting the 2014 Commonwealth Games.

gordon.thomson@ eveningtimes.co.uk


Commenting & Moderation

We moderate all comments on Evening Times on either a pre-moderated or post-moderated basis. If you're a relatively new user then your comments will be reviewed before publication and if we know you well and trust you then your comments will be subject to moderation only if other users or the moderators believe you've broken the rules

Moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours. Please be patient if your posts are not approved instantly.


Have you got a story?

Contact the news desk on 0141 302 6520 or email news@eveningtimes.co.uk
A weekly round up of social highlights

A weekly round up of social highlights

Cat's Eyes on Glasgow

A birthday meal at Porter and Rye and I head to the Cat Internet Film Festival.




Gail’s Gab

Gail’s Gab

Gail Sheridan is a mother-of-one and wife to Tommy and she likes to get political with the hot topic of the week in her column Gail’s Gab.

Michelle McManus

Michelle McManus

Sussed in the City

I started to think I’d gone colour blind...

Janice Bell

Janice Bell

You couldn’t make up half the stuff that happens to PA Janice Bell- some of the jams she gets herself into are worth a story or two.