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
ODU RT

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
Leonardo

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.

Advertisement
Babcock LB
Intelliconnect strengthens management team

Aerospace Defence

Intelliconnect strengthens management team

17 September 2025

RF and Cryogenic interconnect solutions specialist Intelliconnect (Europe), has strengthened its senior leadership team with the appointment of Yiannis Metallinos as Managing Director and Gary Langridge as Engineering Manager.

Getac launches UX10 and UX10-IP rugged tablets

Aerospace Defence Security

Getac launches UX10 and UX10-IP rugged tablets

17 September 2025

Getac has announced the launch of its next generation UX10 and UX10-IP fully rugged tablets.

Smith Myers to supply ARTEMIS Systems to Airbus Helicopters

Aerospace Defence

Smith Myers to supply ARTEMIS Systems to Airbus Helicopters

16 September 2025

Smith Myers has secured a major contract with Airbus Helicopters, under the framework of which ARTEMIS Mobile Phone Detection and Location Systems (MPDLS) will be factory-fitted and offered as a retrofit option across Airbus Helicopters' fleet of aircraft.

Britten-Norman Islander production reaches key milestone

Aerospace

Britten-Norman Islander production reaches key milestone

16 September 2025

Britten-Norman, manufacturer of the Islander aircraft, has reached a major milestone in its programme to bring full aircraft production to its Bembridge facility on the Isle of Wight, UK.

Advertisement
Amentum rectangle
TEKEVER reveals its largest UK site todate

Aerospace Defence

TEKEVER reveals its largest UK site todate

15 September 2025

TEKEVER has announced a new manufacturing facility in The Spectrum Building, a historic, Grade II-listed architectural icon designed by Sir Norman Foster, completed in 1982 and featured in James Bond film 'A View to a Kill' in 1984.

CBI offers support for Stansted’s growth plans

Aerospace

CBI offers support for Stansted’s growth plans

15 September 2025

Members of the Confederation of British Industry (CBI) visited London Stansted to see first-hand the airport’s role in driving regional economic growth and to offer their support for its plans to raise its passenger cap from 43 to 51 million a year, without increasing the number of flights beyond current permissions.

Advertisement
Leonardo