Edinburgh Airport sold to GIP for £816 million

Edinburgh Airport has been sold to Global Infrastructure Partnership (GIP) , the owner of Gatwick and London City airports for over £800m. Edinburgh Airport was put on the market by its owner BAA last October, after the Competition Commission ruled that it had to sell either Edinburgh or Glasgow.

The winning price, which is understood to be close to £800m, is considerably more than had been expected.

Three years ago, Spanish-owned BAA sold Gatwick Airport to GIP, under the same regulatory requirement to break up assets that had previously been state-owned.

It is thought that GIP intends to improve the speed at which passengers move through the airport at check-in, security and baggage handling, and to link the Scottish capital with new routes.

Simon Calder, travel editor at The Independent, said: “What they have done is remarkable things.

“They’ve greatly improved the passenger experience so that people are tending to choose the airport ahead of others and secondly they are attracting airlines.”

He added: “It’s now going to get very, very interesting and the beneficiaries will be the Scottish travelling public.”

Its investment pattern is to sell the asset on after about seven years.

The Scottish Passenger Agents’ Association welcomed the news and said that GIP had improved the experience for passengers at Gatwick since it took over the airport three years ago and expected the same at Edinburgh.

 

Edinburgh tours and transfers

Private tours from Edinburgh run throughout the year – phone 07305-294773 for more details.

For tour information contact Private tours Edinburgh online or by phone on +447305294773 .

  1. Whisky tours
  2.  Outlander tours featuring a visit to Lallybroch , Jamie Fraser’s home ( Midhope Castle )
  3. Falkirk tours  including the Kelpies and the Falkirk Wheel
  4. Game of Thrones tours
  5. Highlands tours

Check out our unique Photogold Scottish gifts  collection – prints, t-shirts, throw pillows , phone cases , mugs and lots more Jack Vettriano prints 

including Diva and Missing Man II

Kelpies gifts – prints and gifts

Phone cases

coffee mugs

Glencoe prints

Eilean Donan Castle prints

A taxi from Edinburgh to St Andrews costs from £85 . Freephone 0800-6190575 for bookings

Check out virtual tours of Scotland

Airport transfers Falkirk

Visit the Kelpies

 

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Things to do in Edinburgh

Private tours Edinburgh offer a full range of Outlander tours going to from 3 to 5 locations . Our most popular tour goes to Lallybroch , Blackness Castle ( Fort William ) and Linlithgow palace ( Wentworth Prison ) and costs £150 . Jamie Fraser Outlander tour - Midhope Castle, Linlithgow Palace and Blackness Castle http://privatetoursedinburgh.com/outlander-tours/outlander-tours/ We also have tours to up to 5 locations . More details at our website www.privatetoursedinburgh.com or phone 07305-294773 We run a number of castle tours visiting up to 5 Scottish castles. Five castles tour http://privatetoursedinburgh.com/outlander-tours/five-outlander-castles/outlander-tour-5-scottish-castles/

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