Belfast City Airport has been put up for sale by its Spanish owners, according to reports.
Ferrovial Group, which bought the airport in 2003 for £35 million, has put Belfast City on the market and is likely to get more than £100 million following extensive development to the site, claims the BBC.
A new terminal was opened in 2001 which completed the transformation of the area from converted sheds and huts when it was first built in 1983 to a thriving and popular airport.
Nearly three million passengers are expected to use Belfast City Airport this year due to Ryanair’s decision to base itself at the location instead of Belfast International.
Ferrovial have stated that the day to day operations of the business, and employment levels, will not be effected by their decision to sell.
Belfast City Airport was renamed after George Best in 2006, following the death of the legendary Manchester United and Northern Ireland footballer.