Jaunted

Tags: London Gatwick / London Stansted / Airports / Britain Travel / → All Tags

British Airports For Sale; We Hope We Don't Lose Out Too

BAA Airports--the Spanish-consortium-owned group of seven of the largest airports in Britain--are getting in deeper trouble by the day. Last time we checked in they were being forced to sell off Gatwick Airport but now the Competition Commission has said they've got to get rid of three airports.

Going from the theory that one company owning seven major airports in a relatively small country might be anti-competitive (fair call), BAA has been told they not only have to sell Gatwick, but LCC-haven Stansted Airport plus either Glasgow or Edinburgh airports.

The worst part is that although this saga's been going on for a few years, crunch time for selling the airports means they'll get maybe only half of what the airports would've been worth pre-recession. That's not good for business. And we're figuring that what's not good for the airport business also ain't much good for passengers.

Related Stories:
· BAA Ordered to Sell Off Gatwick and Stansted [Guardian]
· Who Wants To Buy An Airport? [Jaunted]

[Photo: Aleksi Aaltonen]