News BAA break-up expected

All articles

BAA break-up expected

An upcoming report by the Competition Commission is expected to call for the break-up of UK airport operator BAA

An upcoming report by the Competition Commission is expected to call for the break-up of UK airport operator BAA.

The commission is set to reveal a series of recommendations next week to allow for greater competition in the south and south-east.

It is expected that part of the guidelines would involve the sale of either London Gatwick or London Stansted by BAA’s Spanish owner Ferrovial.

BAA could also be made to sell one of the airports it operates in Scotland, with the commission concerned about the restrictions on competition in the country caused by the company’s ownership of Glasgow, Aberdeen and Edinburgh.

Meanwhile, cheap flights airline Ryanair recently outlined its intention to buy Stansted Airport should an opportunity present itself.

Chief executive Michael O’Leary told the Telegraph that the carrier is considering a £2 billion bid for the London terminal, commenting: "BAA knows we’re interested."

Taking over Stansted is one of two goals Mr O’Leary has set before he steps down from his current position; the second is to takeover fellow Irish carrier Aer Lingus.

Map