Gatwick might be up for sale in a potential break up of BAA.
06/05/2008
Gatwick is seen as a likely candidate for a sale, as the Competition Commission could decide, this summer, to break up Spanish-owned BAA. The Competition Commission believes that BAA's ownership of London's three biggest airports might not be in the public interest. The sale is expected to be worth in the region of £2bn.BAA currently runs Gatwick, Heathrow and Stansted airports near London, effectively monopolising the airports markets in the South East of England and in lowland Scotland, according to the Competition Commission.
