Canadian pension fund owning Bristol, Birmingham and London City airports said to be in talks with minority shareholders

Birmingham, Bristol and London City airports have reportedly been put up for sale by their Canadian pension fund owner as it looks to cash in on a resurgence in air travel after the pandemic.

The Ontario Teachers’ Pension Plan (OTPP) is said to be in talks over a potential sale of its stakes in the UK airports to minority shareholders. The portfolio, which also includes Copenhagen and Brussels airports, is estimated to be worth more than £10bn.