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Stansted sale completed, but London's airport will have less Ryanair aircraft

London, United Kingdom - The low-cost carrier will cut frequencies on 43 of its routes from the Essex hub

Heathrow Airport Holdings and Manchester Airports group (MAG) announced the completion of the sale of London-Stansted Airport for 1.5 billion pounds (roughly 1.74 billion Euro or 2.28 billion dollars). As part of the transaction, Australia's Industry Funds Management (IFM) has taken a 35.5% equity interest in the enlarged group. The management firm, which also operates East Midlands and Bournemouth...

AVIONEWS - World Aeronautical Press Agency - 1150181

AVIONEWS - World Aeronautical Press Agency
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