BAA has lost its appeal against a competition decision which will force it to sell two of its airports (AFP/BBC News, 17-Feb-2011). BAA has been in a legal battle with the UK competition commission for two years and has stated it is disappointed at the decision. BAA in 2009 was forced to sell London Gatwick Airport. The commission has forced BAA to sell one airport in Scotland and one in the London region. London Stansted is expected to be put up for sale and either Edinburgh or Glasgow airports. The Supreme Court has not given BAA permission to appeal against the Court of Appeal’s decision.
18-Feb-2011 12:44 PM