Loading

BAA airports sale - runways are the valuation key

Britain's Competition Commission (CC) set the cat amongst the pigeons on 17-Dec-08 when it confirmed an earlier suggestion that BAA be required to sell London Stansted Airport and Edinburgh Airport, in addition to London Gatwick International Airport, in a statement that is still subject to final consultation. This is despite Ferrovial's pre-emptive action to put Gatwick up for sale. The statement also requested new measures to improve investment and service at London Heathrow Airport and proposed new measures to improve investment at Aberdeen Airport. The CC expects to publish its final report in late Feb-09 or early Mar-09, after taking responses into account. BAA continues to take the line that forcing the sale of the airports may delay the introduction of new runway capacity, but the CC is expected to reject BAA's lobbying.

Become a CAPA Member to access Analysis Reports

This CAPA Premium Analysis Report is 1,541 words.
Become a CAPA Member

Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.

Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.

CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 400 News Briefs every weekday and comprehensive data and analysis on thousands of companies around the world.