Infratil Appoints PwC for Prestwick Sale

PricewaterhouseCoopers has been confirmed as acting advisor to Infratil in the sale of Glasgow’s Prestwick Airport.
It continues to advise in the sale of Manston Airport in Kent, which is also owned by Infratil.
Prestwick’s intended sale was announced in March and Infratil has confirmed that a marketing process is under way for the divestment of both airports, and offers from interested parties are being actively sought.
The Scottish airport’s annual passenger figures have fallen recently, as Ryanair has transferred some of its services to Edinburgh.