18/08/2008
BAA Bids Begin
As the Competition Commission is expected to report that British Airport Authority (BAA) ownership of a total of seven airports in the UK may not be "serving the interests of either airlines or passengers", bids are already being made for BAA's airports.
The Competition Commission's draft report into the airport operator is expected to push BAA to sell of some of its airports in London and Scotland.
It is also expected to go one step further in its preliminary report due out this week and recommend the break up of BAA's monopoly ownership of the main London and Scottish airports.
At present, BAA own and operate Aberdeen, Edinburgh, Glasgow, Gatwick, Heathrow, Stansted and Southampton airports.
Now, Manchester Airport Group, which already owns Manchester, East Midlands, Bourenmouth and Humberside have announced their interests in acquiring a further airport.
"We have a strong track record when it comes to running airports - we have a lot of skilled people who have developed very good relationships with airlines and other partners," said Chief Executive of Manchester Airports Group Geoff Muirhead. "The group is interested in acquiring assets that will add value for our shareholders."
Spanish group Ferrovial acquired BAA in 2006 for €23.6bn and continues to invest heavily with the Queen officially opening Heathrow Airport's since controversial Terminal 5 in March, describing it as "a 21st Century gateway to Britain".
However, the £4.3bn terminal was plagued with 'teething problems' for many weeks afterwards, but has since recovered.
Latest results show that BAAs UK airports have handled a total of 70.4 million passengers this year to date, a drop of 0.6% on the same period last year.
During June, passengers comprised 13.5 million of the total, a drop of 1.8% on the same month last year.
The company said that given the combination of a weakening global economic climate and the impact of higher fuel costs on airfares, this result compares well with contemporary results coming from some major UK retailers.
(BMcC)
The Competition Commission's draft report into the airport operator is expected to push BAA to sell of some of its airports in London and Scotland.
It is also expected to go one step further in its preliminary report due out this week and recommend the break up of BAA's monopoly ownership of the main London and Scottish airports.
At present, BAA own and operate Aberdeen, Edinburgh, Glasgow, Gatwick, Heathrow, Stansted and Southampton airports.
Now, Manchester Airport Group, which already owns Manchester, East Midlands, Bourenmouth and Humberside have announced their interests in acquiring a further airport.
"We have a strong track record when it comes to running airports - we have a lot of skilled people who have developed very good relationships with airlines and other partners," said Chief Executive of Manchester Airports Group Geoff Muirhead. "The group is interested in acquiring assets that will add value for our shareholders."
Spanish group Ferrovial acquired BAA in 2006 for €23.6bn and continues to invest heavily with the Queen officially opening Heathrow Airport's since controversial Terminal 5 in March, describing it as "a 21st Century gateway to Britain".
However, the £4.3bn terminal was plagued with 'teething problems' for many weeks afterwards, but has since recovered.
Latest results show that BAAs UK airports have handled a total of 70.4 million passengers this year to date, a drop of 0.6% on the same period last year.
During June, passengers comprised 13.5 million of the total, a drop of 1.8% on the same month last year.
The company said that given the combination of a weakening global economic climate and the impact of higher fuel costs on airfares, this result compares well with contemporary results coming from some major UK retailers.
(BMcC)
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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.
12 April 2010
BAA Reports Heathrow Losses
Heathrow airport lost 180,000 passengers due to last month's industrial action by disgruntled British Airways cabin crew, BAA revealed today. However, the airport saw 5.2 million passengers travel through last month, an increase of 0.4% compared to March 2009. BAA's UK airports as a whole handled a total of 8.
BAA Reports Heathrow Losses
Heathrow airport lost 180,000 passengers due to last month's industrial action by disgruntled British Airways cabin crew, BAA revealed today. However, the airport saw 5.2 million passengers travel through last month, an increase of 0.4% compared to March 2009. BAA's UK airports as a whole handled a total of 8.
15 August 2006
Airport security relaxed following terror alert
Restrictions on hand luggage at UK airports have been relaxed, following the government's reduction in the security threat level from 'critical' to 'severe'. However airport operator BAA has warned that strict security is remaining in place at all UK airports, with passengers still facing delays at some airports.
Airport security relaxed following terror alert
Restrictions on hand luggage at UK airports have been relaxed, following the government's reduction in the security threat level from 'critical' to 'severe'. However airport operator BAA has warned that strict security is remaining in place at all UK airports, with passengers still facing delays at some airports.
09 August 2013
Oxfordshire Four-Runway Airport Plans Submitted
Plans for a new £18.2 billion four-runway airport in Oxfordshire have been submitted to the governments Airport Commission, which is investigating the possibility of airport expansion in the South East.
Oxfordshire Four-Runway Airport Plans Submitted
Plans for a new £18.2 billion four-runway airport in Oxfordshire have been submitted to the governments Airport Commission, which is investigating the possibility of airport expansion in the South East.
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.