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Aircraft and finance. Infratil concludes sale of Glasgow-Prestwick Airport to the Scottish Government for £1
Glasgow, United Kingdom - "The acquisition allows us to protect the jobs that directly and indirectly depend on it", Deputy Prime Minister Nicola Sturgeon claims
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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. This is the second operation of this kind in the United Kingdom this year: a few months ago the Welsh government brought Cardiff Airport under public ownership (AVIONEWS). Prestwick Airport has been on the market since March 2012....
AVIONEWS - World Aeronautical Press Agency - 1156696
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency