15 AUGUST 2022


© 2022 Business Travel News Ltd.

Article from BTNews 15 AUGUST 2022

Heathrow sale?

Heathrow’s largest shareholder, Spanish multinational Ferrovial, is reportedly assessing options over a possible sale of its 25% stake in the airport.

The Madrid-based company is said to have held “preliminary talks” with external advisers over its future with Heathrow after 16 years as an investor.

The “early-stage” discussions are believed to have come amid interest in Ferrovial’s stake from private equity firm Ardian, which, according to Reuters’ sources, has held talks with its advisers over a possible joint proposal with Saudi Arabia’s Public Investment Fund (PIF).

In the meantime Heathrow has issued figures for July which show a dramatic increase from the same month last year.  The airport is set to move 60m passengers in the year, about 75% of the 2019 numbers. The airport says security resources are back at pre-pandemic levels, enabling 88% of Heathrow passengers to clear within 20mins or less.


Index/Home page

OUR READERS' FINEST WORDS (All times and dates are GMT)

All comments are filtered to exclude any excesses but the Editor does not have to agree with what is being said. 100 words maximum