BAA enforced airport sales reprieved. The lawyers are the winners. Now what?

The decision by the UK’s Competition Commission (CC) to make BAA sell London Stansted and one of either Glasgow or Edinburgh airports within two years of Mar-2009 was surprisingly overturned - for now - on 21-Dec-2009 by what is effectively its own Appeals Tribunal. On the Northern Hemisphere’s shortest day the Tribunal made short shrift of the CC’s original 'BAA airport markets investigation', which called for BAA to divest both Gatwick and Stansted airports, as well as a Scottish one. The Gatwick sale has since been completed. There is no certainty if the other sales will go through but if they do BAA should profit from an improving economy. Meanwhile, Global Infrastructure Partners has already given notice it will put up for sale part of its equity in Gatwick Airport, having only just moved in.

This CAPA Premium Analysis article is 2,391 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