Overview
- InfraBridge signed a binding agreement to sell a 51% interest in a new company that owns 100% of Leeds Bradford Airport and 49% of Newcastle International Airport to Aena.
- InfraBridge will retain a 49% share and continue to manage its holding, with the two freehold airports to be operated independently.
- The transaction values the stake at about £270 million, subject to customary adjustments at completion.
- Closing is contingent on regulatory approvals, with reporting pointing to an expected completion in the second quarter of 2026.
- Leeds Bradford handled 4.3 million passengers in FY2024/25 and Newcastle 5.2 million in 2024, with LBA progressing a three‑phase upgrade and Newcastle’s majority ownership remaining with the LA7 local councils.