BAA to abandon Stansted sale fight

Thread starter Flashback
Start date Aug 21, 2012

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Flashback

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Aug 21, 2012

BAA to abandon Stansted sale flight - Home News - UK - The Independent

The title says flight, but I believe it should say fight. Anyway....

Airport operator BAA is to give up its long legal battle over the forced sale of Stansted Airport.

The company, which recently lost a Court of Appeal ruling over Stansted, said it would not make a further appeal and would proceed with the sale of the Essex airport.

The Competition Commission (CC) had originally ruled that BAA must sell Gatwick, Stansted and one of its Scottish airports following an inquiry into the company's airport ownership.

BAA said today: "We still believe that the CC ruling fails to recognise that Stansted and Heathrow serve different markets."

Last edited by a moderator: Aug 21, 2012

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