The Competition Commission has concluded the BAA must sell Stansted Airport and either Edinburgh or Glasgow Airport following a ruling it made two years ago.
The Competition Commission (CC) has provisionally concluded that the sale of the airports is fully justified and that passengers and airlines would still benefit from greater competition with the airports under separate ownership, despite the current Government’s decision to rule out new runways at any of the London airports.
The CC made the original ruling in March 2009, however it was subject to a legal challenge by BAA, which eventually culminated with the reinstating the CC’s findings in October 2010.
Following close examination, CC are convinced that many benefits will still arise without runway expansion, by increasing competition and addressing detrimental effects from BAA’s common ownership.
The CC has also concluded that there is no reason to change the original timescale with the Stansted sale followed by sale of one of the Scottish airports.
BAA sold Gatwick Airport in December 2009 to a consortium led by Global Infrastructure Partners.