9-Mar-2012 10:28 AM

Infratil appoints PwC to assist in the sale of Kent's Manston Airport

New Zealand's Infratil appointed (08-Mar-2012) PwC to assist in the sale of Manston Airport in Kent. Manston Airport CEO Charles Buchanan said: “This represents an opportunity for Manston to build upon the improvements Infratil has already made, and attract new investment into the airport and stimulate the growth needed to make it a success in the future. For now and during this process it will be business as usual for the airport”. PwC partner Coolin Desai commented: “Manston Airport represents a strategic opportunity for an investor in light of the well documented congestion affecting all major airports serving London and the South East. With a runway capable of accommodating large aircraft including 747s, there is significant potential to grow both passenger and cargo traffic." [more - original PR]