This is undoubtedly good news, although unsurprising, I guess we will have to suffer the "Bradford" part of the airport name for a few years to come, which may be not a bad thing as Bradford has now started to trigger its regeneration as a city on the back of its regional rival.
£40m seem's low for an airport doing just under 3m pax, with an average growth rate of 10% per month over the last 2 yrs, which is a couple of percent higher than its new South Yorkshire rival. I guess this is a "net" figure...ie pure asset value at present, excluding the well known investment requirements needed for LBA. I am speculating, but i guess the true value that the airport will be sold with will be at the level that either one "side" will invest. E&Y, claim that there "is a significant interest in the airport".
682amsl, as a respected contibutor, any comments?