Michael Matheson Scotland show prevention Michael Matheson Scotland

Plan to sell-off Prestwick Airport is grounded as preferred bidder pulls out of Scottish Government sale

Reading now: 114
dailyrecord.co.uk

Our Politics newsletter is now daily. Join thousands of others and get the latest Scottish politics news sent straight to your inbox.Plans to sell-off Glasgow Prestwick have been grounded after the preferred bidder in the sales process pulled out.The Scottish Government bought the airport on the Ayrshire coast in 2013 to prevent the facility from going bust.Ministers pledged to return to Prestwick to private ownership but initially struggled to attract commercial interest in the business.Talks with a prospective buyer - understood to be AGS Airports - began last year but were stalled in April as lockdown upended the aviation business.Transport minister Michael Matheson today confirmed the sales process has now collapsed.In a letter to MSPs,.

Read more on dailyrecord.co.uk
The website starsalert.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA