Advancing UK Aerospace, Defence, Security & Space Solutions Worldwide

Aerospace

Blackstone to acquire stake in AGS Airports

Blackstone’s infrastructure strategy for individual investors has agreed to acquire a minority stake of 22% in AGS Airports (AGS), a platform of high-quality freehold airports providing access to key UK markets, from AviAlliance for £235 million.

Image courtesy Glasgow Airport / AGS Airports

Blackstone’s investment, together with AviAlliance and PSP Investments, is intended to support the continued growth of the travel and tourism industries across the United Kingdom.

AviAlliance, one of the world’s leading airport investors and operators, will remain the majority shareholder in AGS with a 78% stake.

Advertisement
DSEI 2025

AGS handles over eleven million passengers annually and is the owner and operator of three critical UK airports: Glasgow and Aberdeen in Scotland and Southampton in England.

Commenting on the announcement, Greg Blank, Chief Executive Officer of Blackstone Infrastructure Strategies, said, “Transportation remains a key thematic focus area for Blackstone, given continued strong global growth in leisure travel. AGS has access to one of the most diversified airline mixes of any major UK airport, and the company’s recent capital improvements aimed at accommodating large aircraft pave the way for new routes and higher traffic growth. We look forward to partnering with AGS to support this important growth in the United Kingdom.”

Advertisement
Teledyne

Sandiren Curthan, Managing Director and Global Head of Infrastructure Investments, PSP Investments, said: “We are pleased to bring Blackstone as a minority shareholder in AGS. Both PSP and Blackstone are like-minded investors with long-term patient capital to support the development of AGS, which will benefit from the operational expertise of AviAlliance.”

Gerhard Schroeder, Managing Director of AviAlliance, said: “We look forward to developing a constructive and long-term partnership with Blackstone for the benefit of AGS, its management and employees, as well as all other stakeholders at the three airports. Together, we will further strengthen the position of AGS in both Scotland and the wider United Kingdom.”

Blackstone Infrastructure has a strong track record of investing in transportation infrastructure, including through Mundys, the world’s largest toll road platform and manager of airports Roma Fiumicino and Ciampino, Signature Aviation, the world’s largest network of private aviation terminals, and ASPI, Europe’s largest toll road platform.

Stansted unveils new brand

Aerospace

Stansted unveils new brand

4 July 2025

London Stansted Airport has unveiled a new brand as it continues to welcome record-breaking passenger numbers and progresses plans to increase capacity and transform the airport experience.

RTX

Aerospace

RTX's Collins Aerospace opens Wolverhampton facility

4 July 2025

RTX's Collins Aerospace has expanded its aircraft electrification capabilities with the introduction of a new engineering centre of excellence in Wolverhampton, UK.

Serco appoints Keith Williams as Chair

Aerospace Defence Security Space

Serco appoints Keith Williams as Chair

4 July 2025

Serco has appointed Keith Williams to the Board as a Non-Executive Director and Chair designate.

Bristol Airport launches Supply Chain Sustainability Charter

Aerospace

Bristol Airport launches Supply Chain Sustainability Charter

4 July 2025

Bristol Airport has announced the launch of a new Supply Chain Sustainability Charter, designed to inspire and support more sustainable practices across its business supply chain.

Advertisement
DSEI 2025
Vertical Aerospace and Bristow expand AAM solutions

Aerospace

Vertical Aerospace and Bristow expand AAM solutions

4 July 2025

Vertical Aerospace and Bristow are expanding their strategic partnership to bring advanced air mobility (AAM) into commercial operation.

Airframe Designs aligns with US NCAMP standards

Aerospace Defence Security

Airframe Designs aligns with US NCAMP standards

3 July 2025

Airframe Designs has aligned its material systems with the US National Centre for Advanced Materials Performance (NCAMP) which works with the Federal Aviation Administration (FAA) and industry partners to support its existing testing processes.

Advertisement
Leonardo RT