Edinburgh Airport for sale

BAA has acknowledged that its Edinburgh Airport operation is for sale following a Competition Commission order to sell Stansted (now subject to legal delays) and either Edinburgh or Glasgow.  Whilst this surprised many in the industry, it seemed to AERBT that the Scottish capital would be the one offered on the market, easier to dispose of than its rival, and short-term at least, generating a far better price.

The airport proprietor, itself owned by Spanish infrastructure firm Ferrovial, said in a statement last week, "BAA is now commencing preparations for a sale and expects to formally approach the market in the New Year with a view to agreeing a sale (of Edinburgh airport) by Summer 2012." www.baa.com

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