Originally Posted by
nighthawk117
Edinburgh Airport was bought out by an infrastructure company, with the explicit aim of growing the airport and selling it on for a profit. This was clear from the start. For any such plan to work, they need to grow the number of flights for minimum expenditure. This is exactly what they have done.
If they sell it on.. the new owners are going to want to recoup their money as quick as possible, which means further growth and minimal expenditure.
Don't expect the terminal situation to change any time soon. Any owners are only going to be interested in the short term.
Just to clarify that Global Infrastructure Partners, despite it's name is not an infrastructure company. It is a private equity firm that makes investments in infrastructure companies. Sadly I do concur that all GIP are interested in are making as much profit from the airport with as little investment as they can get away with. Unless new owners have longer term ambitions, perhaps with a an airport operator on board like i.e. an airport partner like ADP, Dubai Airports Company etc.
Incheon Airport were looking at making a bid back when BAA were forced into selling the airport. One wonders what might have been if they had made a successful bid. More here:
https://www.bloomberg.com/news/artic...id-to-mull-bid