MAp, the Australian holding company formerly known as Macquarie Airports, lost A$589.3 million ($529.2 million) in 2009, reversed from a A$2.44 billion profit in 2008. The company holds 74% of Sydney Airport, 36% of Brussels Airport, 30.8% of Copenhagen Airport, 16% of Grupo Aeroportuario del Sureste and 1% of Bristol Airport. It sold its 14.9% share in Japan Airport Terminal last year with resulting proceeds of A$260 million and reached a deal in September to offload a 34.5% stake in Bristol to the Ontario Teachers' Pension Plan for £128 million ($192.2 million).
MAp, the Australian holding company formerly known as Macquarie Airports, lost A$589.3 million ($529.2 million) in 2009, reversed from a A$2.44 billion profit in 2008. The company holds 74% of Sydney Airport, 36% of Brussels Airport, 30.8% of Copenhagen Airport, 16% of Grupo Aeroportuario del Sureste and 1% of Bristol Airport. It sold its 14.9% share in Japan Airport Terminal last year with resulting proceeds of A$260 million and reached a deal in September to offload a 34.5% stake in ...
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