Runway Sales

Owners of Glasgow’s Prestwick Airport, New Zealand-based infrastructure investment company Infratil, are putting the property up for sale. Infratil has said it is also looking for a buyer for its British airport, Manston in Kent. The company said the sales are the result of a decision to refocus where it plans to invest. Glasgow Prestwick chief executive Iain Cochrane said: “This decision comes from a re-focusing of Infratil’s investment profile and has been under consideration for some time.” Stagecoach sold Prestwick Airport to Infratil in 2001 for £33.4m. Infratil was founded in 1994 by Wellingtonian Lloyd Morrison, a merchant banker, who died in February 2012. He was 54.


Tags: BBC News  British Airport  Glasgow  Iain Cochrane  Infratil  Kent  Lloyd Morrison  Prestwick Airport  Stagecoach  

How the Gig Economy Worked for Sue McLachlan

How the Gig Economy Worked for Sue McLachlan

New Zealand-born mother-of-two Sue McLachlan is pursuing her passion in the gig economy and making a comfortable amount of money after the collapse of her cloth nappy company business. Yahoo Finance…