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The Guardian - UK
The Guardian - UK
Business
Kalyeena Makortoff

London City, Bristol and Birmingham airports reportedly for sale

ABritish Airways plane takes off at London City Airport.
A takeoff from London City Airport. The Ontario Teachers’ Pension Plan is said to be in talks over its stake. Photograph: Victoria Jones/PA

Birmingham, Bristol and London City airports have reportedly been put up for sale by their Canadian pension fund owner as it looks to cash in on a resurgence in air travel after the pandemic.

The Ontario Teachers’ Pension Plan (OTPP) is said to be in talks over a potential sale of its stakes in the UK airports to minority shareholders. The portfolio, which also includes Copenhagen and Brussels airports, is estimated to be worth more than £10bn.

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