BAA to sell Stansted airport

London Heathrow airport-owner BAA said it will sell Stansted airport after losing the latest court action against a forced breakup of its assets ordered by antitrust regulators.

20th August, 2012
Ryanair aircraft at Stansted airport.

London Heathrow airport-owner BAA said it will sell Stansted airport after losing the latest court action against a forced breakup of its assets ordered by antitrust regulators.

“BAA has decided not to appeal to the Supreme Court and is now proceeding with the sale of Stansted airport,” the London-based company said in a statement today, while adding that it’s still of the belief that the UK Competition Commission failed to recognise that Stansted and Heathrow...

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