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.

This CAPA Premium Analysis article is 1,541 words.

To access CAPA Premium Analysis you need a CAPA Membership

Your window into the latest insights

CAPA employs an industry-leading Analyst team based in Europe, North America, Asia and Australia who offer unique perspectives and independent and accurate commentary of critical industry developments globally. CAPA Members rely on our Analysis to unlock valuable insights and actionable intelligence to keep ahead of the game.

Big picture strategic view

Our Analysts don’t just report the news - they take a big picture strategic view of aviation dynamics, issues and trends and analyse the implications of these developments for you.

Global intelligence

The CAPA Analyst team is based globally to ensure our CAPA Members have access to independent, unique perspectives covering an entire spectrum of daily, worldwide commercial aviation developments.

Customise your Alerts

CAPA Members can use CAPA Alerts to receive daily, weekly or monthly and customised updates on our Analysis.

I'm very impressed by the factual and detailed analysis CAPA is always doing.

- CEO, Airline Member
To learn more, contact us:
Phone: +61 2 9241 3200 | Email: membership@centreforaviation.com