Baa News Page 4
Heathrow Terminal 5 briefly closed following terror alert
Passengers were briefly evacuated from areas of London Heathrow Terminal 5 earlier following a suspected terror alert. A suspect package was located at the airport, with Metropolitan Police subsequently sealing off parts of the Terminal building.
BAA considers offers for stake in London Heathrow
Ferrovial – the lead shareholder in airport operator BAA – has confirmed it is still considering a number of offers for a ten per cent stake in London Heathrow Airport. HNA – a Chinese airports operator – is among the frontrunners, although Spain-based Ferrovial is remaining tight lipped on whether any formal bid had been forthcoming.
BAA backs growth plans with no cost to taxpayers
Airports operator BAA has backed calls by London First to streamline the visa process to encourage more Chinese visitors to travel to the UK.
BAA sees financial losses narrow
BAA has seen financial losses narrow for financial 2010, despite being hit by the ash cloud, snow disruption and strikes at British Airways. The airport operator recorded a pre-tax loss of £316.6 million for the year to December 31st, down from £821.9 a year earlier.
Under-investment led to Heathrow snow closure
Transport Secretary Philip Hammond wants the air regulators to have new powers to impose heavy fines after Heathrow was closed during the big freeze last week, ruining the holidays of tens of thousands of people. The government also concluded that poor preparation and chronic under-investment led to the closure of Europe’s largest airport.
BAA begins Heathrow enquiry
BAA chief executive Colin Matthews has confirm an external panel will be charged with establishing what can be learnt from the recent snow calamity at Heathrow Airport. Passengers were stranded at the airport – which brands itself as the busiest in the world – for much of this week following unexpected snowfall on Saturday.
Frustration turns to anger as Heathrow delays continue
Bemusement was shifting toward outright anger today as passengers arriving at London Heathrow were greeted with news of further delays. Operator BAA was in the firing line, with airlines expressing disbelief at the continued disruption at the airport.
UK government urged to cut air passenger duty
Airport operator BAA has urged the British government to follow the lead of Ireland and rescind recent increases in air passenger duty. Yesterday the Irish government announced it would cut its Air Travel Tax to €3 from its current rate of €10 despite the ongoing financial crisis.
Resilient BAA grows traffic, cuts queues and gets bags back quicker
Passenger traffic at Heathrow grew 4.3 percent during November against the same month last year, leading to a fifth consecutive record month.
Ferrovial puts BAA stake up for sale
Ferrovial has put 10 percent of BAA up for sale in a bid to cut its debt burden. The Spanish construction group has been under extreme financial pressure since buying the airport operator and has debts of £22bn, of which £13bn is made up by BAA.
BAA pulls out of Italy, focuses on UK
Airport operator BAA has confirmed it is to pull out of the Italian market, following the sale of Naples International Airport. In a deal worth €150 million, the property will be sold to an entity controlled by F2i SGR SpA, an Italian infrastructure fund, before the end of 2010.
Expedia comment on BAA figures
· Britain back in business as August marks new Heathrow high