AGS Airports
Company type | Private |
---|---|
Industry | Transport |
Founded | 30 September 2014 |
Headquarters | Leeds, West Yorkshire, England[1] |
Key people | Andy Cliffe (CEO) Lena Wilson (Chairman) |
Products | Airport operations and services |
Owner | Ferrovial Macquarie Group |
Subsidiaries | |
Website | www |
AGS Airports Limited is the United Kingdom-based owner of Aberdeen, Glasgow and Southampton Airports. The company was formed in September 2014 by Ferrovial, a Spanish firm specialising in the design, construction, financing, operation and maintenance of transport, urban and services infrastructure, and Macquarie Group, an Australian company, composed of diversified financial services. Each own a 50% stake in the company. The company acquired Aberdeen, Glasgow and Southampton Airports in December 2014 from Heathrow Airport Holdings (formerly BAA).[2]
History
Aberdeen, Glasgow and Southampton Airports were originally owned and operated by the British Airports Authority, which acquired them in the 1970s. In the late 1980s the authority was sold off by the government and became BAA plc. By 2012 BAA had sold off three of their seven airports and rebranded as Heathrow Airport Holdings (HAH). In 2014 HAH decided to sell off Aberdeen, Glasgow and Southampton to enable the company to focus on improving Heathrow for passengers and winning support for Heathrow expansion.[3]
In January 2023, AGS Airport's appointed Andy Cliffe at Chief Executive Office taking over from Derek Provan.
It was announced in November 2024 that AGS Airports had been acquired by AviAlliance for £1.53 billion, with the deal aiming to be completed in Q1 2025. [4]
Airports
AGS owns and operates three airports:
References
- ^ "AGS AIRPORTS LIMITED". Companies House. Retrieved 5 September 2022.
- ^ "About AGS Airports & its investors". aberdeenairport.com. Archived from the original on 4 January 2016. Retrieved 1 October 2015.
- ^ "Glasgow airport boss to become chief executive as buyout completed". The Herald. Glasgow. 18 December 2014. Retrieved 1 October 2015.
- ^ {{Cite web|title = More flight routes promised as Glasgow Airport owner sold|url = https://www.glasgowtimes.co.uk/news/scottish-news/24721474.flight-routes-promised-glasgow-airport-owner-sold/