1 JUNE 2009

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Article from BTNews 1 JUNE 2009

Manston for sale?

PRESTWICK and Manston could join the list of UK airports for sale as owner Infratil, the New Zealand-based infrastructure investment company, hints at the possibility of offloading its European airport assets after posting an after-tax loss of NZD191m (USD112m) for the year ended 31 March.  The previous year the loss was just NZD2m.  In Europe Infratil also owns Lübeck Airport 35 miles north east of Hamburg where its tenants are Ryanair and Wizz.  In New Zealand it has a controlling 66% interest in Wellington International. www.infratil.com

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