infratil

Manston goes to Gloag for a pound

Scots businesswoman Ann Gloag has bought Manston Airport in Kent from New Zealand investment fund, Infratil, tfor just £1. Gloag, who was one of the founders of the Stagecoach bus and transport group in 1980 pledged to use her 30 years experience in the transport industry and to optimise both freight and passenger growth at Manston. She has also taken on business turnaround specialist Alastair Welch, who will lead the ... [+]