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."
Chief Financial Officer
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