Joe Bates
The battle to win the concession to operate Bulgaria’s Sofia Airport has been won by the SOF Connect consortium, comprising 100% owned Munich Airport subsidiary, Munich Airport International (MAI), and asset manager, Meridiam.
In exchange for an annual concession fee of €24.5 million or 32% of annual revenues and a pledge to invest €608 million on upgrading the airport, the SOF Connect consortium will manage, operate and develop Sofia Airport for the next 35 years.
