Sydney Airport, Australia’s biggest and busiest airport, could soon change hands, thanks to the huge losses brought by the COVID-19 pandemic and border closures. The airport has accepted an AU$23.6 billion (US$ 17.5 billion) bid with an international consortium, which plans to buy 100 percent shares of the Airport, according to an announcement to the Australian Securities Exchange (ASX) on Monday. The consortium is called Sydney Aviation Alliance (SAA), which comprises a group of Australian infrastructure and international investment funds, including IFM’s Australian Infrastructure Fund, U.S. based Global Infrastructure Fund, AustralianSuper, and QSuper. “Today’s announcement is the culmination of months of engagement between all parties,” Sydney Airport chairman David Gonski said. “The Sydney Airport Boards believe the outcome reflects appropriate long-term value for the airport, and unanimously recommend the proposal to security holders, subject to customary conditions such as independent expert approval and no superior proposal.” The deal comes after …