Wednesday 22 February 2012

Region. Airports for sale

BAC Holdco Pty Limited, which holds the leasehold interests over the Bankstown and Camden Airports, has announced its intention to commence preparations for the sale of the two airports. The airports were privatised in 2003 and are held under long-term leases (85 years remaining) with the commonwealth government. The airports are to be offered for sale together. Operations at the airports will be unaffected by the sale process.

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