BAA (British Airport Authority Ltd), the owner and operator of seven British Airports (2nd largest transport company in the world), is preparing the divest some of its airport.
On April 22nd, the competition commission started an investigation to see if the airlines and passengers are being served well. Commission said that “BAA had been slow to build new terminals and runways”. The commission may force BAA to sell London’s Gatwick and Stansted Airports.
Facts about BAA (from here) -
- UK Airports – Glasgow International Airport, Edinburgh Airport , Aberdeen Airport. London Heathrow Airport, London Gatwick Airport, London Stansted Airport and Prestwick International Airport
- Makes money by – “charging landing fees to airlines and increasingly from retail operations within those airports.”
I think after Terminal 5 fiasco, there is a big need for a shake up!
