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- 1. BAA to Strengthen Financial Structure of its London Airports
BAA to Strengthen Financial Structure of its London Airports. The injection will consist of £200 million of new equity from shareholders and £300 million from BAA Airports Limited and FGP Topco Limited, the ultimate holding company of BAA, which is jointly owned by BAAís three controlling shareholders. The funding will be used to pay down debt, strengthen the groupís medium-term fi
- 2. BAA to Sell Edinburgh Airport
Following the UK Competition Commissionís decision requiring BAA to sell either Edinburgh or Glasgow airport, BAA has confirmed that it will sell Edinburgh Airport. 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 by Summer 2012.
- 3. BAA Reports May 2010 Traffic
BAA Reports May 2010 Traffic. Despite this, BAA's UK airports handled 8.6 million passengers in the month, which was a drop of 4.5% on May 2009. Heathrow handled 5.3 million passengers, 3.1% down on last year. Without these impacts, BAA estimates that Heathrow would have recorded an increase of 2.8% and the group as whole an increase of 0.4%.
- 4. BAAís UK airports report April Traffic
BAAís UK airports report April Traffic. BAAís UK airports handled 11.8 million passengers in April, a drop of 3% on April 2007. BAA attributed much of this decrease to the fact that Easter fell in March this year. When March and April figures are combined, negating the Easter effect, the overall result was a drop of 0.9%
- 5. BAA reports UK Airport Traffic for August 2008
BAA reports UK Airport Traffic for August 2008. BAAís UK airports handled a total of 14.9 million passengers in August 2008, a drop of 1.7% on the same month last year. Year to date BAAīs UK airports traffic shows a decline of 0.8%. The trend in figures year to date is driven by a decline in Domestic traffic (-5%) versus an increase in the most profitable long haul traffic (+1%) an
- 6. BAA Reports April 2010 Traffic
BAA Reports April 2010 Traffic. BAA's passenger traffic in April 2010 was down 22.7% on the same month last year, due to the Icelandic volcanic ash cloud which closed UK airspace for several days. For the month as a whole BAA's UK airports handled a total of 6.9 million passengers.
- 7. BAA reports UK Airports September 2008 Traffic
BAA reports UK Airports September 2008 Traffic. BAAís UK airports handled a total of 13.3 million passengers in September 2008, 5% fewer than in the same month last year. Year to date, BAAīs UK airport traffic shows a decline of 1.4% for the nine months to September at a total of 113.4 million. Markets saw reductions during the month with the largest being a 12.6% decrease in Europ
- 8. BAA reports UK Airportsí 2008 and December Traffic Figures
BAA reports UK Airportsí 2008 and December Traffic Figures. For the year 2008, a total of 145.8 million passengers travelled through BAAís UK airports, an overall drop of 2.8% compared to 2007. During December, BAAís seven UK airports handled a total of 10.2 million passengers, a decrease of 6.9% on the same month last year.
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