Gatwick may be sold

Monday 18th August 2008, 11:17AM BST.

Gatwick may be sold offBAA may be forced to sell off Gatwick by regulators in a shake up of the UK’s airports.

The Competition Commission (CC) is expected to publish the findings of its investigation into BAA, in which it is thought the watchdog will order the group’s break up.

BAA operates several airports in Britain, including Gatwick, Heathrow, Stansted and Southampton and nine out of ten passengers flying into the south-east use one of BAA’s airports.

The CC has allowed BAA to control these airports as it has been argued this has been necessary to drive forward expansion plans.

However, in a preliminary report the regulator suggested separate ownership of the main London airports may now be in the public’s interest.

BAA chairman Sir Nigel Rudd told the BBC this weekend that selling Gatwick would not be a disaster for the group.

Sir Nigel added BAA has already received “huge expressions of interest” for both Stansted and Gatwick.

Several companies have already made their interest clear. Budget airline Ryanair has denied reports it will be bidding for Stansted, although chief executive Michael O’Leary has said the firm will cooperate with any potential buyers.

German companies Hochtief and Fraport are also reported to be interested in a sale.



Free e-Supplements

TWITTER

Shropshire Star on Twitter Shropshire Star on Twitter

Keep updated with the latest breaking news and content on our Twitter feed.

Lifestyle

Interactive Dining Out map Interactive Dining Out map

Hundreds of reviews by the Shropshire Star and Express & Star's teams to help you decide where to eat.

LIVE traffic updates

Road, rail and airport - latest Road, rail and airport - latest

Our new, live traffic and travel updates service - check before you set out.

OUR NEW APP

Get the new Shropshire Star app Get the new Shropshire Star app

Download the Shropshire Star’s new app to your iPad or iPhone to get one week of access to our digital newspapers absolutely FREE.