History
The company changed its name to TBI plc in March, 1994 and to TBI Limited in 2009.
TBI bought Cardiff Airport in 1995, and sold it to the Welsh Government in 2013.
In 2004 the company was acquired by Airport Concessions and Development Limited (ACDL), owned by Spanish companies Abertis Infraestructuras S.A. (90%) and AENA Desarrollo Internacional S.A. (10%). In 2013, the Bolivian government led by Evo Morales nationalized the airports the company owned in Bolivia, through its subsidiary Sabsa (the three biggest airports in the country: El Alto International Airport, Jorge Wilstermann International Airport and Viru Viru International Airport).
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“All things are moral. That soul, which within us is a sentiment, outside of us is a law. We feel its inspiration; out there in history we can see its fatal strength.”
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