Budapest Airport picks bidder for shuttle service
Budapest Airport Zrt, a unit of BAA Plc, the world's largest airport operator, chose a group for talks on buying the shuttle bus service in Budapest as the company divests non-core units and activities.
Budapest Airport will start negotiations about the sale with Airport Express Konzorcium, a group of three companies, it said in an e-mailed statement today. A contract may be signed in coming weeks, Budapest Airport said.
BAA, which bought a 75% stake in the operator of Budapest's Ferihegy International Airport for ₤1.26 billion in December, is selling non-core businesses at the Hungarian airport to save costs. The company last month awarded Turkey's Celebi Hava Servisleri AS a contract to run baggage handling and picked a new taxi service, Zóna Taxi Konzorcium, in July.
“The minibus service doesn't closely belong to the tasks of an airport operator,” David Newman, Budapest Airport's director in charge of the unit, said. Budapest Airport received three bids and may start talks with other potential buyers in case its negotiations with Airport Express fail, the company said in the statement.
Budapest Airport employs about 220 people in its shuttle bus business.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.