BAA still prepared to fight as it begins Stansted sell-off

BAA still prepared to fight as it begins Stansted sell-off

BAA has begun to take preliminary soundings from potential buys for London Stansted Airport as a Competition Commission deadline for the sale of the property nears.

However, the airport operator is still considering launching a bid for a judicial review of the decision, which will also see BAA forced to divest either Glasgow or Edinburgh Airport in Scotland.

The deadline for such a move is September 19th.

The Commission confirmed BAA would have to sell Stansted earlier this year, stating the process would have to start within three months.

This sale will be followed by the sale of either of the two Scottish airports.