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Gatwick Airport goes on sale

Wednesday 24 Sep 2008 7:29am

BAA, the largest airport operator in the UK, has announced that it has put one of its London airports, Gatwick Airport, up for sale. The decision was made following a report by the Competition Commission that obliged BAA to sell off two of its three London airports in an effort to increase competition between airports and so improve services for passengers and airlines. Managing director of Gatwick Airport Andy Flower described the announcement as a 'landmark moment' and said it was the correct decision to make in the interests of the airport's staff, passengers and airline customers. Mr Flower added: 'Whatever the outcome of this process, I know that Gatwick will have a successful future. The airport will continue to play a vital role in the community, supporting the local, regional and national economies. 'We have exciting plans in place to revitalise the airport and transform the passenger experience over the next five years and a strong team focused on making Gatwick a great airport. It is business as usual at Gatwick. ' Interested buyers are thought to include the Australian bank Macquarie, and the Manchester Airport Group, while Virgin Atlantic also suggested that it would be interested in being part of a consortium of buyers. Gatwick is the UK's second largest airport with around 35 million passengers a year, second only to London Heathrow. Amsterdam, Orlando and Tenerife are among Gatwick's most popular international destinations.

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