BAA must sell 2 of their London airports
source: http://uk.news.yahoo.com/pressass/20080820/tuk-watchdog-tells-baa-to-sell-airports-6323e80.html
-
-
- Beta_Boy
- added this
Competition chiefs have signalled the break-up of BAA's UK airport empire by proposing the company cease running two of its three London airports - Heathrow, Gatwick and Stansted.
The Competition Commission (CC) also recommended that Spanish-owned BAA lose control of either Edinburgh or Glasgow airport.
In a preliminary report, the CC said there were competition problems at each of BAA's seven UK airports "with adverse consequences for passengers and airlines".
The CC report - with a final report on BAA's airport ownership due at the end of the year - effectively means that BAA will have to give up running Gatwick and Stansted as the commission made it clear that it was "unlikely to require the divestiture of Heathrow unless the sale of Gatwick or Stansted is likely to be impractical or ineffective". BAA also runs Southampton and Aberdeen airports.
Is this fair? Should BAA be forced into selling most of their airports to increase competition in the UK air travel sector?
The Competition Commission (CC) also recommended that Spanish-owned BAA lose control of either Edinburgh or Glasgow airport.
In a preliminary report, the CC said there were competition problems at each of BAA's seven UK airports "with adverse consequences for passengers and airlines".
The CC report - with a final report on BAA's airport ownership due at the end of the year - effectively means that BAA will have to give up running Gatwick and Stansted as the commission made it clear that it was "unlikely to require the divestiture of Heathrow unless the sale of Gatwick or Stansted is likely to be impractical or ineffective". BAA also runs Southampton and Aberdeen airports.
Is this fair? Should BAA be forced into selling most of their airports to increase competition in the UK air travel sector?
