16/08/2001
Bidding war for TBI develops following Vinci offer
TBI, which controls numerous airports throughout the world including Belfast International Airport, is poised to become the target of a takeover war, following a bid from French construction giant Vinci.
While dismissing Vinci’s £515m bid as "opportunistic" and inadequate, TBI revealed that Vinci's warning on Tuesday that an offer was on the cards had prompted "a number" of other firms to consider bidding.
TBI revealed that its board was now considering “these expressions of interest” with a view to maximising value for its shareholders. As a result of this statement TBI’s shares rocketed 50 per cent on Tuesday.
This is in stark contrast to August when 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, a move which it is estimated will cut airport revenue by up to £6m a year. (MB)
While dismissing Vinci’s £515m bid as "opportunistic" and inadequate, TBI revealed that Vinci's warning on Tuesday that an offer was on the cards had prompted "a number" of other firms to consider bidding.
TBI revealed that its board was now considering “these expressions of interest” with a view to maximising value for its shareholders. As a result of this statement TBI’s shares rocketed 50 per cent on Tuesday.
This is in stark contrast to August when 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, a move which it is estimated will cut airport revenue by up to £6m a year. (MB)
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15 August 2001
Foreign bid for Belfast International Airport’s parent
French construction firm Vinci are believed to have made an offer for leading airport operator TBI. If the move is successful it will mean that a foreign company will own Belfast International Airport, which is a part of the TBI group, for the first time.
Foreign bid for Belfast International Airport’s parent
French construction firm Vinci are believed to have made an offer for leading airport operator TBI. If the move is successful it will mean that a foreign company will own Belfast International Airport, which is a part of the TBI group, for the first time.
24 September 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.
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.
01 June 2010
Ryanair Profits 'Flying' By 200%
Ryanair - which flies from George Best Belfast City and the City of Derry Aiport in NI - has today announced full year profits of €319m, an increase of over 200% on last year's results. Announcing the results, the budget flyer said it is proposing to pay a one-off dividend of €500m equal to €0.
Ryanair Profits 'Flying' By 200%
Ryanair - which flies from George Best Belfast City and the City of Derry Aiport in NI - has today announced full year profits of €319m, an increase of over 200% on last year's results. Announcing the results, the budget flyer said it is proposing to pay a one-off dividend of €500m equal to €0.
09 September 2019
Belfast International Airport Rated Worst In UK
Long queues, crowds and limited shopping options have led to Belfast International Airport being rated as the UK's worst airport. The County Antrim facility achieved an overall score of 42% in a survey by consumer magazine Which? that rated 30 British airports and major terminals.
Belfast International Airport Rated Worst In UK
Long queues, crowds and limited shopping options have led to Belfast International Airport being rated as the UK's worst airport. The County Antrim facility achieved an overall score of 42% in a survey by consumer magazine Which? that rated 30 British airports and major terminals.
26 April 2017
Jet2 Announces New Routes From Belfast International Airport
Airline Jet2 has announced eight new routes from Belfast International Airport. The new routes are Antalya, Costa de Almeria, Crete, Madeira, Malta, Naples, Paphos and Rhodes.
Jet2 Announces New Routes From Belfast International Airport
Airline Jet2 has announced eight new routes from Belfast International Airport. The new routes are Antalya, Costa de Almeria, Crete, Madeira, Malta, Naples, Paphos and Rhodes.
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Northern Ireland WeatherToday:A sunny but frosty start for many. However cloud increases by midday with a few showers reaching the north coast, these mostly light but spreading inland this afternoon. Chilly. Maximum temperature 8 °C.Tonight:A rather cloudy evening with scattered showers. Becoming drier through the night with some good clear spells developing and a patchy frost away from coasts. Minimum temperature 0 °C.
