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24/09/2001
Future of Belfast International airport remains unclear
A further slump in the share price of TBI, the company that owns Belfast International Airport has cast doubt on a potential takeover of the airport.
The share price of TBI dropped to 52p on Monday September 24 from a high of £1 when the report of a £515 million take over was revealed in mid August.
TBI, which controls numerous airports throughout the world including Belfast International Airport, had been poised to become the target of a takeover war, following a bid from French construction giant Vinci and others as a direct result.
But the terrorist attacks on America and airline cutbacks have cast doubt on the £500 million bid by Vinci.
Based in Aldergrove, County Antrim, the airport caters for over three million passengers per year.
Meanwhile, budget airlines are trying to encourage passengers back to the air, with Irish carrier Ryanair announcing the sale of a million seats at £9.99 apiece and promising not to cut services or sack staff.
EasyJet founder Stelios Haji-Ioannou said that between three and six of the former state-owned flag carriers needed to disappear if Europe's air travel market were to return to health.
The fortunes of TBI have fluctuated considerably this year. Earlier this year in August TBI shares slumped by one third in a week, after it was revealed that bmi British Midland was to withdraw Heathrow and East Midlands services from Belfast International. The move is estimated to have cut airport revenue by up to £6 million-a-year. (AMcE)
The share price of TBI dropped to 52p on Monday September 24 from a high of £1 when the report of a £515 million take over was revealed in mid August.
TBI, which controls numerous airports throughout the world including Belfast International Airport, had been poised to become the target of a takeover war, following a bid from French construction giant Vinci and others as a direct result.
But the terrorist attacks on America and airline cutbacks have cast doubt on the £500 million bid by Vinci.
Based in Aldergrove, County Antrim, the airport caters for over three million passengers per year.
Meanwhile, budget airlines are trying to encourage passengers back to the air, with Irish carrier Ryanair announcing the sale of a million seats at £9.99 apiece and promising not to cut services or sack staff.
EasyJet founder Stelios Haji-Ioannou said that between three and six of the former state-owned flag carriers needed to disappear if Europe's air travel market were to return to health.
The fortunes of TBI have fluctuated considerably this year. Earlier this year in August TBI shares slumped by one third in a week, after it was revealed that bmi British Midland was to withdraw Heathrow and East Midlands services from Belfast International. The move is estimated to have cut airport revenue by up to £6 million-a-year. (AMcE)
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13 April 2011
City Airport's Holiday Routes Opposed
Seven new routes to holiday destinations in continental Europe are to operate from George Best Belfast City Airport - thanks to boosted aircraft engines. Bmibaby will run services to Malaga, Alicante, Palma, Faro, Ibiza, Amsterdam and Geneva.
City Airport's Holiday Routes Opposed
Seven new routes to holiday destinations in continental Europe are to operate from George Best Belfast City Airport - thanks to boosted aircraft engines. Bmibaby will run services to Malaga, Alicante, Palma, Faro, Ibiza, Amsterdam and Geneva.
11 November 2009
Airport's Extra Passenger Bid Slammed
Residents have reacted angrily to reports that George Best Belfast City Airport is trying to get a cap on its passenger numbers lifted. A spokeswoman said this week that the airport's management has written to the Stormont Environment Minister, Edwin Poots, to request that the current limit of two million 'seats for sale' be removed.
Airport's Extra Passenger Bid Slammed
Residents have reacted angrily to reports that George Best Belfast City Airport is trying to get a cap on its passenger numbers lifted. A spokeswoman said this week that the airport's management has written to the Stormont Environment Minister, Edwin Poots, to request that the current limit of two million 'seats for sale' be removed.
07 January 2016
Ryanair To Open New Base In Belfast
Airline Ryanair has confirmed it will open a new base at Belfast International Airport. The base, which will operate four return flights per day, is to open in March this year. 750 new jobs are also expected be created. Belfast International Airport Managing Director, Graham Keddie, said: "This is a most welcome announcement.
Ryanair To Open New Base In Belfast
Airline Ryanair has confirmed it will open a new base at Belfast International Airport. The base, which will operate four return flights per day, is to open in March this year. 750 new jobs are also expected be created. Belfast International Airport Managing Director, Graham Keddie, said: "This is a most welcome announcement.
19 July 2012
Aer Lingus To Move To City Airport
Aer Lingus flights are to go from George Best Belfast City Airports as of the autumn. The airline is switching its operations there from its former base at Belfast International Airport. It will fly three flights daily in each direction to both London Heathrow and Gatwick.
Aer Lingus To Move To City Airport
Aer Lingus flights are to go from George Best Belfast City Airports as of the autumn. The airline is switching its operations there from its former base at Belfast International Airport. It will fly three flights daily in each direction to both London Heathrow and Gatwick.
06 February 2003
bmi to concentrate services at Belfast City
bmi has announced that it is to discontinue its Heathrow service from Belfast International Airport (BIA) and concentrate resources in Belfast City Airport. However, bmi will maintain a presence at BAI as bmibaby will be including Belfast International as a destination to be served from a new UK base to be announced shortly.
bmi to concentrate services at Belfast City
bmi has announced that it is to discontinue its Heathrow service from Belfast International Airport (BIA) and concentrate resources in Belfast City Airport. However, bmi will maintain a presence at BAI as bmibaby will be including Belfast International as a destination to be served from a new UK base to be announced shortly.
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Northern Ireland WeatherToday:Showers today, occasional north and west of Lough Neagh, but only a few isolated light outbreaks expected for Belfast and county Down where the best of the winter sunshine is expected. West to northwest winds brisk around the coasts. Maximum temperature 10 °C.Tonight:Showers focused across northern areas of the Province, with most in the south staying dry, with a frost developing for many here. Northwest winds fresh around the coasts. Minimum temperature 0 °C.
