It has been confirmed that Leeds Bradford Airport will change hands.
AMP Capital has agreed to acquire 100 per cent of Leeds Bradford Airport from Bridgepoint Advisers Limited.
The new managers have said the airport, which caters for four million annual passengers, “is a compelling investment for AMP Capital due to its excellent location and strong growth prospects”.
The company claims to have a successful track-record of investing in airports globally for more than 20 years.
A spokesperson from the previous owners said that “over the past five years of Bridgepoint ownership, passenger numbers have grown by almost 40 per cent.”