AGS Airports
| Company type | Private |
|---|---|
| Industry | Transport |
| Founded | 30 September 2014 |
| Headquarters | Leeds, West Yorkshire, England[1] |
Key people | Kam Jandu (CEO) Lena Wilson (Chairman) |
| Products | Airport operations and services |
| Owner | AviAlliance |
| Subsidiaries | |
| Website | www |
AGS Airports Limited is the United Kingdom-based owner of Aberdeen, Glasgow and Southampton Airports. It was formed in September 2014 by Ferrovial and Macquarie Group.
In January 2025, it was announced that AviAlliance had completed its acquisition of the firm for £1.53 billion, as well as citing that Kam Jandu had been appointed as its new CEO.[2]
History
[edit]Aberdeen, Glasgow and Southampton Airports were originally owned and operated by the British Airports Authority, which acquired them in the 1970s. In the late 1980s the authority was sold off by the government and became BAA plc.
By 2012 BAA had sold off three of their seven airports and rebranded as Heathrow Airport Holdings (HAH). In 2014 HAH decided to sell off Aberdeen, Glasgow and Southampton to enable the company to focus on improving Heathrow for passengers and winning support for Heathrow expansion.[3]
Meanwhile, AGS Airports was formed by Ferrovial, a Spanish firm specializing in the design, construction, financing, operation and maintenance of transport, urban and services infrastructure, and Macquarie Group, an Australian company consisting of diversified financial services. In December 2014, three months after being incorporated, AGS acquired Aberdeen, Glasgow and Southampton Airports from HAH.
In January 2023, AGS Airport's appointed Andy Cliffe at Chief Executive Office taking over from Derek Provan. In November 2024, it was announced that AGS would be acquired for £1.53 billion by AviAlliance, one of the world's leading private airport operators and investors.[4]
In January 2025, the firm had its purchase completed. AviAlliance is a wholly-owned subsidiary of PSP Investments, one of Canada’s largest pension investors, which is a long-standing investor in UK infrastructure with majority stakes in the port operator Forth Ports, one of the UK’s largest port groups and Angel Trains, the largest rolling stock company in the UK.
Airports
[edit]AGS owns and operates three airports:
References
[edit]- ^ "AGS AIRPORTS LIMITED". Companies House. Retrieved 5 September 2022.
- ^ "AviAlliance completes £1.53 billion acquisition of AGS Airports and appoints Kam Jandu as new CEO". International Airport Review. Retrieved 2 February 2025.
- ^ "Glasgow airport boss to become chief executive as buyout completed". The Herald. Glasgow. 18 December 2014. Retrieved 1 October 2015.
- ^ "More flight routes promised as Glasgow Airport owner sold". glasgowtimes.co.uk.