Scottish Businessmen Considering Bid For Airport

October 17, 2011

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A group of prominent Scottish businessmen are considering a bid for either Edinburgh or Glasgow Airport, according to a newspaper report.

Investment banker Ben Thomson and former Edinburgh Airport boss Richard Jeffrey were reported by Scotland on Sunday to have held early stage talks with potential investors and other business leaders.

Airport operator BAA, owned by Spanish company Ferrovial, is expected this week to unveil a formal sale process for one or other of the airports.

The UK's Competition Commission has ordered a sale of one of the Scottish airports. BAA has succeeded in delaying the sale of London's Stansted Airport with a judicial review.

(Ken Symon)