Your Search Returned 14 tagged news reports
Pre-tax losses at BAA 's London airports trebled to £545.7m as the group lost more than 4 million air passengers over the first half due to the recession. Britain's largest airport owner was pushed deeper into the red by over £400m of exceptional charges,...
Tags: BAA London, Heathrow Terminals, london airport, passenger number, Gatwick, Stansted, credit market
Ryanair plans to cut back flights out of London Stansted this winter, blaming passenger taxes and rising charges for falling demand at the airport. The low-cost airline said capacity would be cut 40% in the coming winter compared with this summer because...
Tags: UK's Labour, Labour Party, Stansted, Norwich North, Ryanair, Chris Ostrowski, swine flu
The full cost of BAA's debt refinancing was revealed today as the Spanish-owned UK airports operator said its interest payments had soared to £327 million in the first quarter. The operator of Heathrow, Gatwick and Stansted also revealed that passenger...
Tags: BAA, passenger number, Gatwick, airport operations, Heathrow, debt cost, London, Stansted
The Competition Commission is expected to reverse its decision to force BAA, the airports operator that owns Heathrow, to sell Edinburgh airport this week. BAA's domination of the airport market in the south-east and Scotland has been under investigation...
Michael Geoghegan, is expected to meet with key institutional investors in the Square Mile this week to gauge support for any cash call ahead of the bank’s full year results next Monday. Meanwhile, later this week, Royal Bank of Scotland (RBS) will confirm...
Tags: Paul Skinner, Rio Tinto, London, RBS, royal banks, U.K. Treasury, Chinalco, BAA, Stansted, billions pound
A scorched-earth policy adopted by budget carriers, including easyJet and Ryanair, is hurting Stansted, according to falling passenger figures published by BAA, the airport company. The group, which is owned by Ferrovial, of Spain, today revealed a double-digit...
Tags: passenger number, Gatwick, BAA, Heathrow, Stansted
The watchdog says the decision is subject to a final consultation but is necessary to improve levels of service at UK airports. In August, the watchdog had said BAA may have to sell three of its airports because of a lack of competition. Several firms...
Tags: Gatwick, BAA, Edinburgh Airport, Stansted, Competition Commissioner, The Competition Commission, Heathrow, Crawley, Glasgow Airport, sell gatwick
Britain's biggest budget airline hub received the go-ahead to handle 10 million more passengers but was warned by Ryanair and easyJet that it faces fewer flights if it hikes fees to pay for the expansion. The government rubber-stamped a proposal to lift...
Tags: Stansted, Geoff Hoon, London, increase flights, stansted airport
4am UK, Wednesday August 20, 2008 BAA's "monopoly" on Britain's biggest airports is to be broken up, with two out of Heathrow, Gatwick and Stansted set to be sold off. Heathrow, Gatwick, Stansted and Southampton in England, and Edinburgh, Glasgow and...
The unit of Spanish builder Grupo Ferrovial provides a poor service and has failed to plan for extra capacity, the UK Competition Commission said, recommending it be stripped of London's Gatwick and Stansted airports and either Glasgow or Edinburgh in...
Tags: BAA Gatwick, UK Competition Commission, Scotland, seven airport, London, England, Heathrow, Stansted, Glasgow, Edinburgh