Menu
19/10/2011
BAA to Sell Edinburgh Airport
Following the Competition Commission's decision requiring BAA to sell either Edinburgh or Glasgow airport, BAA has announced that it has decided to sell Edinburgh Airport.
BAA is now commencing preparations for a sale and expects to formally approach the market in the New Year with a view to agreeing a sale by Summer 2012.
BAA Chief Executive, Colin Matthews said: "Edinburgh is a great airport with a great team and a great future and we will be very sorry to see it leave BAA. We remain committed to Scotland and we will continue our long-term investment to improve passenger and airline experience at Aberdeen and Glasgow, as well as at Edinburgh until the sale is complete.
"Choosing which airport to sell has been a difficult decision. Edinburgh Airport has shown itself to be a strong and resilient asset throughout the economic downturn. Passenger numbers at Edinburgh have grown by more than 6% over the past year and in an uncertain market we expect it to be an attractive asset to prospective buyers. Glasgow Airport has great opportunities for future growth and development and we think BAA is well-placed to build on its recent success. Both airports are of national importance and have a bright future."
(CD/GK)
BAA is now commencing preparations for a sale and expects to formally approach the market in the New Year with a view to agreeing a sale by Summer 2012.
BAA Chief Executive, Colin Matthews said: "Edinburgh is a great airport with a great team and a great future and we will be very sorry to see it leave BAA. We remain committed to Scotland and we will continue our long-term investment to improve passenger and airline experience at Aberdeen and Glasgow, as well as at Edinburgh until the sale is complete.
"Choosing which airport to sell has been a difficult decision. Edinburgh Airport has shown itself to be a strong and resilient asset throughout the economic downturn. Passenger numbers at Edinburgh have grown by more than 6% over the past year and in an uncertain market we expect it to be an attractive asset to prospective buyers. Glasgow Airport has great opportunities for future growth and development and we think BAA is well-placed to build on its recent success. Both airports are of national importance and have a bright future."
(CD/GK)
Related UK National News Stories
Click here for the latest headlines.
19 March 2009
CC Orders BAA To Sell Two Airports
The Competition Commission (CC) has ordered BAA to sell both Gatwick and Stansted as well as either Edinburgh or Glasgow. In its final report on BAA's ownership of seven UK airports, the CC also stipulates that BAA must sell all three airports within two years.
CC Orders BAA To Sell Two Airports
The Competition Commission (CC) has ordered BAA to sell both Gatwick and Stansted as well as either Edinburgh or Glasgow. In its final report on BAA's ownership of seven UK airports, the CC also stipulates that BAA must sell all three airports within two years.
02 September 2008
Virgin May Bid For Gatwick Ownership
A team from Sir Richard Branson's Virgin Atlantic Group is in the market to bid for a major UK airport. He has put together a consortium to raise the £2bn to buy Britain's second largest airport - Gatwick - now that the current owner BAA is selling it due to well publicised competition concerns.
Virgin May Bid For Gatwick Ownership
A team from Sir Richard Branson's Virgin Atlantic Group is in the market to bid for a major UK airport. He has put together a consortium to raise the £2bn to buy Britain's second largest airport - Gatwick - now that the current owner BAA is selling it due to well publicised competition concerns.
17 September 2008
BAA Announces Plans To Sell Gatwick "Immediately"
Airport operator BAA has announced plans to sell the UK's second-largest airport, Gatwick "immediately". BAA's Chief Executive Colin Matthews, in a statement, said: "Gatwick has long been an important and valuable part of BAA and the decision to sell was not taken lightly.
BAA Announces Plans To Sell Gatwick "Immediately"
Airport operator BAA has announced plans to sell the UK's second-largest airport, Gatwick "immediately". BAA's Chief Executive Colin Matthews, in a statement, said: "Gatwick has long been an important and valuable part of BAA and the decision to sell was not taken lightly.
18 March 2011
Edinburgh Airport Reopens
Following an evacuation, over the discovery of a suspicious package, Edinburgh airport has now reopened. After police sealed off the surrounding area, operator BAA had advised passengers not to travel to the terminal. However no flights had been cancelled. A BAA spokesman said flights had been continuing to land and take off from the airport.
Edinburgh Airport Reopens
Following an evacuation, over the discovery of a suspicious package, Edinburgh airport has now reopened. After police sealed off the surrounding area, operator BAA had advised passengers not to travel to the terminal. However no flights had been cancelled. A BAA spokesman said flights had been continuing to land and take off from the airport.
24 January 2007
Security alert at Edinburgh airport ends
An emergency security alert at Edinburgh airport has ended. The airport was evacuated shortly after midday following the discovery of a suspicious rucksack in the check-in area. However, the rucksack, which is believed to have been discovered shoved into the top of a bin, was blown up in a controlled explosion.
Security alert at Edinburgh airport ends
An emergency security alert at Edinburgh airport has ended. The airport was evacuated shortly after midday following the discovery of a suspicious rucksack in the check-in area. However, the rucksack, which is believed to have been discovered shoved into the top of a bin, was blown up in a controlled explosion.
-
Northern Ireland WeatherToday:It will be cloudy again throughout the day. Mainly dry in the morning, but patchy drizzle in places, becoming more widespread and persistent in the afternoon. Freshening southwesterly winds. Maximum temperature 12 °C.Tonight:Cloudy with a spell of heavy rain pushing south through late evening and the early hours, followed by some clear spells. Minimum temperature 6 °C.
