Sell Off Gatwick and Stansted by 2011, Baa Told [Edition 2]

Summary


BAA was told today that it had less than two years to sell off Gatwick and Stansted in a damning final report from the Competition Commission.

The airport operator -- owned by Spanish construction giant Ferrovial -- was ordered to off-load two of its three London airports because of its consistent failure to improve services for passengers and airlines. The commission said that only a radical breakup of BAA's near monopoly ownership of Heathrow, Stansted and Gatwick could generate competition and bring any hope of progress for customers.

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Extract


Sell Off Gatwick and Stansted by 2011, Baa Told [Edition 2]

Inquiry chairman Christopher Clarke said: "We are confiden...

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