Airport operator BAA has opted to sell London Stansted airport, ending a long-running legal battle to retain ownership of the U.K.’s second largest cargo hub.
20 Aug 2012
01 Feb 2012
BAA must sell London Stansted, the U.K.’s second largest air cargo hub, after a court rejected the airport operator’s appeal against a ruling by anti-trust regulators.
12 Jan 2012
London Heathrow airport boosted cargo traffic 14.2 percent in December from a year ago, a record for the month and the first increase since February 2011.
10 Oct 2011
Ferrovial cut its stake in BAA to below 50 percent, in a deal valuing the operator of London Heathrow, Europe’s third largest cargo airport, at about $7.4 billion.
16 Aug 2011
Cargo tonnage at London Heathrow Airport fell 1.5 percent in July, the airport’s third straight year-over-year, but a seasonal uptick also gave the British gateway its busiest month for freight
19 Jul 2011
11 Jul 2011
U.K. competition regulators are expected to order airport operator BAA next week to sell London Stansted Airport, the country’s second largest cargo hub, within 18 months.
30 Mar 2011
The UK Competition Commission ordered BAA, owner of London Heathrow and five other UK airports, to sell Stansted, the UK's second largest air cargo hub.