Spanish airport operator Aena said today it had agreed to acquire Luton airport in Bedfordshire for £394.4m sterling.
Aena, which runs all Spain's major airports, is buying Luton from Spanish company Abertis in which it already has a 10% stake.
Luton handled 9.6 million passengers last year and will be, subject to regulatory approval, Aena's fifth-largest airport.
"We aim to substantially build up Luton in consultation with all its stakeholders," Aena executive chairman Jose Manuel Vargas said today.
