Interested in buying Gatwick Airport? The deadline’s today!

Today is the final day for companies interested in purchasing Gatwick Airport to throw their hats in the ring.

BAA is expected to receive three serious offers, which are rumoured to be for less than the £2 billion estimates suggested last year.  The interested parties are understood to be groups including General Electric, Manchester Airport and Vancouver Airport.

The Competition Commission ordered BAA to sell off Gatwick, Stansted and one of their Scottish airports last year, after an inquiry found that travellers were suffering due to a lack of competition between airports.  BAA has until the 19th of May to appeal against the Commission’s decision.

This entry was posted on Monday, April 27th, 2009 at 4:17 pm and is filed under Airport News, Latest News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.