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LUTON SHORTLISTS THREE AIRPORT BIDDERS

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A shortlist of three companies has been announced to run facilities at Luton BC-owned Luton Airport for 30 years. ...
A shortlist of three companies has been announced to run facilities at Luton BC-owned Luton Airport for 30 years.

The three are Airports Group International of the US, Copenhagen Airport and National Express of the UK. The airport authority said yesterday it hoped to select a winning bidder by April.

The successful bidder will be expected to pay an annual concession fee and invest sufficient funds in the airport to increase annual passenger numbers from an expected 3.3 million this year to 5 million in two to three years, and 10m in 10 years. This would require an investment of£170m.
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