Airport shareholder still backs expansion plans
02.05.09
Bristol Airport's main shareholders have sought to allay speculation that the hub is up for sale and that its expansion plans could be affected, the Western Mercury reports. A spokesman for the Macquarie, the Australian infrastructure company, confirmed they remain committed to a £150m plans to expand the facility, following a report in the Times that said buyers for the airport are being sought.
Two funds run by the Australian investment company own shares in Bristol Airport, along with Ontario Teachers Pension Plan. A Macquarie spokesman said: ‘We remain an active investor in the airport, and are committed to the development project and supportive of the growth plans.’
Proposals to expand the airport by doubling the size of the terminal, adding new car parking, increasing aircraft stands and installing walkways to aircraft parking areas are due to be submitted to North Somerset Council this month. If approved the development would mean Bristol Airport could handle 10million passengers by 2016.
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