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Infratil has no plans to sell any of its other European airports

3-Nov-2009 11:54 AM

Infratil stated it has no plans to sell any of its other European airports, after exercising its put option on Germany’s Lubeck Airport (Radio New Zealand/NZ Herald, 03-Nov-2009).  The company also owns Kent and Glasgow Prestwick airports, but does not plan to sell these as it expects passenger traffic to improve as the UK economy recovers. Infratil Director of European Airports, Paul Ridley-Smith described its investment in Lubeck Airport was “neutral”, neither losing nor earning capital for the company.