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Old 6th Dec 2023, 14:22
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Breathe
 
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Although in the article the Chief Exec. mentions they get bids from time to time. So take the article headline with a pinch of salt I would say.

Prestwick Airport: 'Expression of interest' made to buy airport

https://www.heraldscotland.com/news/23972262.prestwick-airport-expression-interest-made-buy-airport/

An expression of interest has been made to buy the Scottish Government-owned Prestwick Airport, MSPs have been told.

The airport was brought into public ownership in 2013 for £1, with the intent for it to return to the private sector when it returned to profit.

Earlier this year, Wellbeing Economy Secretary Neil Gray said the operating profit for the travel hub was £1.9 million.

Appearing before the Economy and Fair Work Committee on Wednesday, bosses were asked if there are any credible bids on the table for the airport.Chief executive Ian Forgie said: “From time to time, we’ve had bids.

“We’re currently looking at one expression of interest that is going through that early process of diligence and we’ll give more details in due course.”

Forsyth Black, the airport’s non-executive chairman, added: “We’ll put it through that filter and we’ll recommend upwards to Scottish Government what the board thinks is the realistic next step.”

But during his appearance before the committee later in the morning, Mr Gray said there is a non-disclosure agreement in place between the airport and the prospective bidder, meaning he could not give more detail.

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