Southampton Airport sale is “strategic move”

Southampton Airport sale is “strategic move”

Southampton Airport

Ian Girling

First published in News by

SOUTHAMPTON Airport – which provides Dorset’s business community with links to key European destinations – is up for sale.

Heathrow Airport holdings, formerly BAA, said it was “entering a sales process” that could see Southampton, Glasgow and Aberdeen airports sold.

If all were sold, it would leave the former BAA’s airport empire reduced to just one: Heathrow.

The company once owned seven airports, but a ruling by what was then the Competition Commission told it to sell Gatwick, Stansted and either Glasgow or Edinburgh.

It sold Stansted last year to the Manchester Airport Group – which owns Bournemouth Airport – for £1.5bn.

A spokeswoman from HAH said: “Over recent months Heathrow Airport Holdings group shareholders and management have been considering their strategic position in relation to our three airports, Aberdeen, Glasgow and Southampton.

“As a result the group is now formally entering a sale process.

“While there is currently no certainty that a sale will be concluded, the group intends to work towards completing a transaction by the end of the year.”

Ian Girling, chief executive of Dorset Chamber of Commerce and Industry, stressed the importance of the airport to the county’s business community.

“Local airports are incredibly important, both from a domestic and business perspective,” he said.

“In a world where international trade opportunities are continuing to build, it’s essential that businesses are able to travel internationally relatively easily.”

Southampton’s destinations include key cities such as Amsterdam, Dublin, Hamburg and Paris Orly, as well as UK destinations including Aberdeen, Belfast, Edinburgh, Glasgow, Leeds-Bradford, Manchester and Newcastle.

Bournemouth Airport is set to benefit from infrastructure improvements after Dorset Local Enterprise Partnership was recently awarded £23m in government grants.

Mr Girling said: “It’s extremely good news to see transport links for Bournemouth Airport being improved.”

Comments (4)

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1:08pm Mon 4 Aug 14

P Barker says...

The "infastructure" plans will make zero difference, and will not help the transport links to the airport.
The "infastructure" plans will make zero difference, and will not help the transport links to the airport. P Barker
  • Score: -1

1:25pm Mon 4 Aug 14

Minty Fresh says...

If the MAG buy it you just know there'll be a £2-50 drop off charge straight away. Tos*ers.
If the MAG buy it you just know there'll be a £2-50 drop off charge straight away. Tos*ers. Minty Fresh
  • Score: 1

10:45pm Mon 4 Aug 14

Yankee1 says...

The best local airport. Hurn pales in comparison.

Carnival Corp should buy it, and restore the 'boat train' image that Southampton once had. Imagine: fly from JFK to join the Queen Mary at Southampton for a glorious cruise. Tie it in with the cruise ships. That makes business sense. With style.
The best local airport. Hurn pales in comparison. Carnival Corp should buy it, and restore the 'boat train' image that Southampton once had. Imagine: fly from JFK to join the Queen Mary at Southampton for a glorious cruise. Tie it in with the cruise ships. That makes business sense. With style. Yankee1
  • Score: 1

9:52am Wed 6 Aug 14

Andy_Moordown says...

Yankee1 wrote:
The best local airport. Hurn pales in comparison.

Carnival Corp should buy it, and restore the 'boat train' image that Southampton once had. Imagine: fly from JFK to join the Queen Mary at Southampton for a glorious cruise. Tie it in with the cruise ships. That makes business sense. With style.
Sounds nice but the relative short runway at Southampton means that transatlantic flights are not a realistic possibility as well as the lack of availability of aircraft stands. Maybe a new buyer would bring the significant investment needed to help Southampton grow, even if it doesn't I'm sure they will continue to be a successful regional airport
[quote][p][bold]Yankee1[/bold] wrote: The best local airport. Hurn pales in comparison. Carnival Corp should buy it, and restore the 'boat train' image that Southampton once had. Imagine: fly from JFK to join the Queen Mary at Southampton for a glorious cruise. Tie it in with the cruise ships. That makes business sense. With style.[/p][/quote]Sounds nice but the relative short runway at Southampton means that transatlantic flights are not a realistic possibility as well as the lack of availability of aircraft stands. Maybe a new buyer would bring the significant investment needed to help Southampton grow, even if it doesn't I'm sure they will continue to be a successful regional airport Andy_Moordown
  • Score: 1

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