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BAA reports high pre-tax losses due to Gatwick sale British airport operator BAA also hit by falling passenger numbers and 'increased pension scheme deficit' Gatwick Airport, West Sussex, which BAA was forced to sell at a reduced rate. Photograph: Roger...
Tags: BAA Ltd., Gatwick Sale, Gatwick Airport, airport operations, operations baa, million pounds, passenger numbers, London Heathrow, Grupo Ferrovial SA
In March, the Competition Commission ruled that the company would have to sell the airport within two years. The Commission also ordered BAA to sell Stansted and either Glasgow or Edinburgh after it found competition problems at each of its seven UK airports.
Tags: BAA Ltd., London Gatwick, Gatwick Airport, Grupo Ferrovial SA, London Stansted, buy gatwick, Britain, sell london, billion pounds, Edinburgh
Edinburgh Airport have declined at three times less than airport operator BAA's UK average. New figures from BAA out today revealed that the city's airport carried 3.6 per cent fewer passengers last month than it did in March 2008. However, the average...
Tags: BAA Ltd., uk airport
Virgin is talking to a group of interested parties about a bid for the airport, valued by analysts at up to £2.5bn...The Competition Commission has said BAA may have to sell some airports because of market dominance concerns. Heavenly marriage? "I think...
Tags: Gatwick Airport, Virgin Atlantic, BAA Ltd, EasyJet, London