BAA is expected to announce shortly which of it Scottish airports it will sell. The airport operator is required by the Competition Commission (CC) to sell Stansted Airport and either Edinburgh or Glasgow airport. Stansted was to be the first of the airports to be sold, followed by a Scottish airport, however, the Competition Commission has accepted a proposal from BAA to reverse the order of sale. The reversal of sale will enable BAA to continue its judicial review of the CC’s July 2011 decision requiring BAA to sell Stansted. BAA Chief Executive Colin Matthews said:“We are pleased that the Competition Commission has accepted BAA’s proposal to reverse the order of airport sales in its 2009 decision and 2011 decision. “BAA has already sold Gatwick and will now sell either Edinburgh or Glasgow airport. “We will continue with our judicial review proceedings against the Competition Commission’s decision requiring BAA to sell Stansted. “We believe the South East airports market has changed and BAA has changed since the Competition Commission’s 2009 decision. It is also clearer now than it has ever been that Heathrow and Stansted serve different markets.” |