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American firm to buy Belfast International Airport American firm to buy Belfast International Airport
(about 4 hours later)
Belfast International Airport is to be sold to the US-based firm, ADC & HAS Airports Worldwide.Belfast International Airport is to be sold to the US-based firm, ADC & HAS Airports Worldwide.
The airport has been owned by the Spanish company Abertis since 2005.The airport has been owned by the Spanish company Abertis since 2005.
Abertis is also selling Stockholm Skavsta airport and other assets to ADC & HAS for a total of 284m euros (£244m).Abertis is also selling Stockholm Skavsta airport and other assets to ADC & HAS for a total of 284m euros (£244m).
The deal with Abertis is pending approval of minority shareholders and US regulators.The deal with Abertis is pending approval of minority shareholders and US regulators.
ADC & HAS has interests in airports in Costa Rica and Ecuador.ADC & HAS has interests in airports in Costa Rica and Ecuador.
"We are extremely pleased with this acquisition," said Jeff Scheferman, chief executive of ADC & HAS."We are extremely pleased with this acquisition," said Jeff Scheferman, chief executive of ADC & HAS.
"With it, we add to our portfolio two airports serving capital cities."With it, we add to our portfolio two airports serving capital cities.
"We also expand and intend to further build upon our presence in the US market, add more than 350 experienced airport personnel, and will be serving more than 35 million passengers annually.""We also expand and intend to further build upon our presence in the US market, add more than 350 experienced airport personnel, and will be serving more than 35 million passengers annually."
Belfast International is the second largest airport on the island of Ireland and handles around 4.3m passengers a year.Belfast International is the second largest airport on the island of Ireland and handles around 4.3m passengers a year.
The airport can trace its aviation history back to the First World War, when Aldergrove in County Antrim was selected as a military training base for the Royal Flying Corps.The airport can trace its aviation history back to the First World War, when Aldergrove in County Antrim was selected as a military training base for the Royal Flying Corps.
Northern Ireland's first, regular civil aviation service began at Aldergrove in 1933. Northern Ireland's first regular civil aviation service began at Aldergrove in 1933.
Fifty years later, the facility was officially branded as Belfast International Airport.Fifty years later, the facility was officially branded as Belfast International Airport.
It was privatised in July 1994.It was privatised in July 1994.