Grimsby Evening Telegraph 24/10/08
THE future ownership of Humberside Airport could be decided in the coming weeks.
It is believed that several parties have expressed an interest in taking over the majority shareholding of the Kirmington base.
Six months ago, Manchester Airport Group (MAG) announced it was reviewing its 82 per cent stake in the airport.
On Friday, the deadline for potential bidders to submit expressions of interest passed.
A spokesperson for Manchester International Airport Group said: "We are now in the process of looking at submissions and that will take two weeks. If suitable, we will then declare a preferred bidder and begin a process of due diligence."
More than half a million passengers use Humberside annually. It offers 30 destinations and is home to the UK's second largest heliport, serving the North Sea oil and gas industry. It is also home to expanding Lincolnshire airline Eastern Airways.
MAG purchased Humberside Airport for £10-million in 1999 and has invested £7-million to develop the infrastructure in the past nine years.
North Lincolnshire Council holds the remaining shares.
Last edited by temptage; 24th Oct 2008 at 22:19.
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