Humberside News Archive

Humberside Airport may change hands

The majority shareholder of Humberside Airport has announced it is to review the scale of its holding.

Manchester Airports Group (MAG), which has an 87.2 per cent stake in the regional hub, is to consider its position in relation to the airport's long-term future.

Chief executive Geoff Muirhead said: "Humberside Airport is a solid business but the attention needed to maximise its full potential may not fit easily with the group's emerging strategy.

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Troubled airline could be saved

Italian carrier Alitalia has been given a lifeline after it emerged it could be taken over, according to reports.

The BBC has reported that the CAI consortium has reached an agreement with the last union which blocked proposed cost-cutting measures in the initial bid.

While the unions have not yet agreed to the terms of the £800 million takeover, CAI is said to have won their approval.

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