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Infratil sells Glasgow Prestwick Airport

25 Nov 2013

Infratil Limited has sold Glasgow Prestwick Airport to TS Prestwick Holdco Limited, an entity wholly owned by the Scottish Ministers, for cash consideration of £1.

"Recognising the importance of the airport to the local communities and regional and national economy, Infratil's preference has always been to secure a new owner with the capacity to support the future success of Glasgow Prestwick Airport" said Marko Bogoievski, Chief Executive of Infratil.

"We believe that a Scottish Government acquisition achieves that objective and Infratil Limited is very pleased to have successfully completed the transaction."

Kevin Baker
Chief Financial Officer

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