Thursday, February 08, 2007

Gatwick not for sale, says BAA | | Guardian Unlimited Business

Gatwick not for sale, says BAA | | Guardian Unlimited Business: "Gatwick not for sale, says BAA


Dan Milmo, transport correspondent
Thursday February 8, 2007
Guardian Unlimited


BAA has ruled out selling Gatwick or Stansted airport as a way to head off a competition inquiry.
The UK's dominant airport owner, which also owns Heathrow airport, reiterated the case this morning for maintaining its monopoly ahead of a midnight deadline for submissions to an Office of Fair Trading investigation into the airport market.
The OFT said in December that it was minded to refer BAA to a Competition Commission investigation, which sparked warnings from the airport group that a multi-billion pound investment plan for Heathrow and Stansted could be scrapped. "