28-Feb-2008 1:02 PM
Gatwick up for grabs? Ferrovial stumbles on debt mountain at BAA, as airport chief quits
Analysis
The prospect for more BAA asset sales is rising, including the possible sale of London Gatwick Airport, as the UK airport operator's 61% owner, Grupo Ferrovial, struggles under rising debt servicing costs.
BAA CEO, Stephen Nelson, has announced his resignation after almost two turbulent years in the position, while anti-Third Heathrow Runway activists have dramatically stepped-up their campaign with a protest on the roof of the UK Parliament yesterday.
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