SubscribeCanadian pension fund owner is in talks over the sale of its stake in London City, Birmingham and Bristol airports in the UK, as well as Brussels and Copenhagen airports. Ontario Teachers’ Pension Plan (OTPP) is reportedly seeking to capitalise on the rebound in air travel by selling its stakes in the five European air transport hubs. The announcement of the sale comes amid a resurgence in air travel following the pandemic, with reports suggesting that potential buyers could include infrastructure investor Macquarie. All change for UK airportsIt also follows a number of UK airports changing hands this year. Earlier this month, AviAlliance acquired AGS Airports, which owns and operates Aberdeen, Glasgow and Southampton Airports in a deal worth more than £1.5 billion.

Source: Ethiopian News November 24, 2024 15:32 UTC