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BAA ordered to sell three airports

The BAA has been ordered to sell three of its airports, after the findings of a new report from the Competition Commission (CC) have been published. This means that BAA will have to sell either Edinburgh or Glasgow Airport, along with Gatwick and Stansted, within the next two years. Because BAA currently owns seven of the UK's 28 international airports, including three of London's five airports, the CC found that there are issues for both passengers and airlines relating to a lack of competition between the UK' biggest airports. The chairman of the BAA Airports inquiry, Christopher Clarke, said that ordering the sale of three airports was 'the only way to address' competition problems between airports, and that the resulting changes will be of benefit to passengers. Mr Clarke commented, 'we recognise that in using our powers in this way, we will have a significant impact on BAA's business. 'We are confident that the sale of these airports will bring substantial benefits to passengers and airlines. ' The sale of London Gatwick Airport is already underway, and will be followed by the sale of Stansted and then either of Edinburgh or Glasgow.

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