Airport operator must sell Stansted
Posted: 26th July 2012
Airport operator, BAA Limited, has failed in its latest challenge to a decision requiring it to sell Stansted Airport. An appeal by the Spanish-owned company was rejected by three Court of Appeal judges.
In 2009 the Competition Commission (CC) ruled that BAA must sell Stansted and two of its other UK airports. BAA has since mounted a series of unsuccessful legal challenges to that decision.
Earlier this year BAA lost an appeal before the Competition Appeal Tribunal whose ruling has now been upheld by Lords Justice Mummery, Rimer and Sullivan at the Court of Appeal.
Since the CC’s decision, BAA has sold Gatwick Airport and, faced with having to dispose of either Edinburgh Airport or Glasgow Airport, has opted to sell Edinburgh.
After the Court of Appeal’s decision, a spokeswoman for the CC said: ‘We are pleased that our decision on Stansted Airport has once again been upheld. It remains the right decision in the interests of passengers and airlines and it is surely now time for BAA to accept the verdict and proceed with the sale.’
BAA said in a statement: ‘We are disappointed that the Court of Appeal has ruled in favour of the Competition Commission. We will now consider its judgment carefully and we intend to submit an appeal to the Supreme Court.’