A majority stake in Gatwick Airport is to be sold to French operator Vinci Airports for £2.9bn.

Vinci Airports, part of infrastructure group Vinci, will buy 50.01% of the UK’s second-busiest airport.

The other 49.99% will be managed by current owners Global Infrastructure Partners (GIP).

The airport was closed in the run-up to Christmas after reports of drone sightings, in what is thought to be the most disruptive incident of its kind.

Flights were grounded and about

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