Commission loses BAA break up appeal

By Administrator |

The UK's Competition Appeal Tribunal this week denied an appeal by the UK's Competition Commission (CC) to force airports operator BAA to sell more of its airports after the CC tried to have its original

ruling upheld. This was successfully appealed by BAA last December.

The Competition Commission originally ordered BAA to sell one more London airport in Stansted and either Edinburgh or Glasgow, but this would appear to be firmly off the agenda following the UK Competition Appeal Tribunal decision.

BAA sold off Gatwick Airport late last year as part of the appeasement process and lost considerable revenue in a market environment that was hardly perfect.

But despite this week's ruling, the Competition Commission has indicated that it will continue its agenda that BAA should sell off two more airports, although this is unlikely to be on any agenda again until late 2011.

International

Winners revealed: Global Travel Retail Awards 2023

The winners of the 2023 Global Travel Retail Awards were announced at a glittering ceremony at...

International

‘Go further with collaboration’, hear attendees

TR Sustainability Week 2023 live sessions kicked off on Tuesday* (5 September) with keynote...

International

Heinemann seals Ryanair inflight contract extension

Gebr. Heinemann has extended its contract with low-cost carrier Ryanair to operate its inflight...

image description

In the Magazine

TRBusiness Magazine is free to access. Read the latest issue now.

E-mail this link to a friend