BAA LTD, owned by Ferrovial, had a poor June with passenger numbers down by 5.9% to 12.7m. Heathrow suffered, although not as bad as Frankfurt and Paris, with a drop of 3.1% (5.7m), Stansted dropped 11.5% (1.8m). From Scotland there was both good and bad news. Edinburgh bucked the trend with 1.4% growth for the month although it is 1.9% down for the year. The biggest losers are Aberdeen and Glasgow with sharp falls of 9.8% and 10.9% respectively. Edinburgh now handles ten times the cargo tonnage of Glasgow. In general freight continues to suffer although the pace of fall was slowing. The year-on-year decline was 22% in April, but the drop was only at 6.3% in June. www.baa.com
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