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British Airport Authority reported a loss of GBP 1,195 bn

London, United Kingdom - Relating to the exercise 2008

British Airport Authority (BAA) closed 2008 with a loss of 1,195 billion pounds. BAA, a Ferrovial Group subsidiary, forecasts positive results for 2009, and at the same time confirms the take-over of London-Gatwick Airport. In 2007 BAA recorded a drop of 2.8% for a total of 145.8 million passengers. The adjusted operating profit was 582 million pounds (-18% despite the increase of 14% in the...

AVIONEWS - World Aeronautical Press Agency - 1100335
Rome, Italy, 02/26/2009 16:12
AVIONEWS - World Aeronautical Press Agency

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