DB Schenker sale – storm clouds gathering
Don’t look into the rear-view mirror
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A possible US buyer of Manston Airport has said he can secure the £20m required to reopen it, and has already offered owner Ann Gloag the £7m asking price, but has yet to receive a response. He reckons it could be operational again in 2016, with cargo the priority traffic. Overcoming Ms Gloag, who appears dead set against any resumption of aviation activities, remains the chief obstacle. “We’re in a pretty good position to not only purchase the airport, but recapitalise it and make it profitable,” said interested investor Stephen de Nardo.
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