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Belfast City Airport up for sale | Belfast City Airport up for sale |
(about 3 hours later) | |
Belfast City Airport has been put up for sale on the open market by the Spanish Ferrovial Group. | Belfast City Airport has been put up for sale on the open market by the Spanish Ferrovial Group. |
The airport, which was renamed after George Best in 2006, began commercial operations in 1983. | The airport, which was renamed after George Best in 2006, began commercial operations in 1983. |
At that time, the terminal buildings consisted of converted sheds and a wartime hut, and baggage handling was done by the airport's Fire Service. | |
Since then, the airport has undergone extensive development with a new terminal opening in 2001. | Since then, the airport has undergone extensive development with a new terminal opening in 2001. |
In 2003, ownership of the airport passed to Ferrovial, which has its headquarters in Madrid. It bought the airport for £35m. | In 2003, ownership of the airport passed to Ferrovial, which has its headquarters in Madrid. It bought the airport for £35m. |
The group has interests in the construction industry and airports around the world. | The group has interests in the construction industry and airports around the world. |
This year, the airport is likely to be used by about 2.7 million passengers. | This year, the airport is likely to be used by about 2.7 million passengers. |
The development of the facility means the price tag is likely to be more than £100m - meaning the owners will have trebled their money in five years. | The development of the facility means the price tag is likely to be more than £100m - meaning the owners will have trebled their money in five years. |
Airport management have stressed that there will be no impact on the day to day operations of the facility. | Airport management have stressed that there will be no impact on the day to day operations of the facility. |
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