04-Oct-2007 1:26 PM

Proposed price cap at Heathrow to trigger BAA sales?

Premium Analysis

The UK Competition Commission’s recommendation to allow

charges to rise at Heathrow by no more than 18% next year has been criticised

by BAA, as it would threaten its USD19 billion debt refinancing and long-term

expansion plans for the hub, according to the airport operator’s parent,

Ferrovial.

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