Bristol Airport has refused to comment on claims that it is being put up for sale.
The airport is reportedly part of a multibillion-pound sale by its owner, Ontario Teachers’ Pension Plan (OTPP), which also includes the sale of London City, Birmingham, Brussels and Copenhagen airports.
OTPP, a Canadian pension fund, is thought to be cashing in on the rapid resurgence of air travel since the pandemic.
It is in talks with minority shareholders who could buy the pension fund’s shares, as well as other potential buyers including Australian infrastructure investor Macquarie, according to the Sunday Times.
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The deal could reportedly be worth more than £3.5 billion.
The news comes as Bristol Airport announces its "masterplan" to meet future demand for air travel in the region by 2040, including an extension to create a larger terminal building.
The expansion would help enable it to provide more connections and reach new destinations, including longer-haul flights to the East Coast of America and the Middle East.
But the airport refused to comment on the potential sale, or whether it relates to the expansion plans.
A statement from the airport said: “Bristol Airport is not in a position to comment on the speculation of the potential sale of the Airport by the Ontario Teachers' Pension Plan.”
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