First of Ferrovial's UK airports moves on to new owners
Ferrovial Aeropuertos SA, a subsidiary of Ferrovial Infraestructuras SA, which is in turn a subsidiary of Grupo Ferrovial SA, has confirmed an agreement with ABN Amro Global Infrastructure Fund for the 100% sale of Belfast City Airport Ltd for GBP132.5 million (USD235 million), with the participation of Faros Infrastructure Partners. Ferrovial expects capital gains from the sale of Belfast City Airport (BCA) to be GBP85.6 million. The agreement is expected to be finalised by the end of Sep-08. It is the first in what could be a number of transactions involving Grupo Ferrovial airports in the next 12 months.
Become a CAPA Member to access Analysis Reports
Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.
Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.
CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 400 News Briefs every weekday and comprehensive data and analysis on thousands of companies around the world.