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British Airport Authority, results for the first quarter 2009

London, United Kingdom - A loss equal to 316 million pounds

British Airport Authority (BAA), the owner of Heathrow, Gatwick and Stansted posted a deepened pre-tax loss of 316.2 million pounds in the three months to 31 March. BAA was bought by a Spanish-led consortium three years ago. The divestment procedure for two airports after the Antitrust's order is going on and in the meantime the airport management company closes this first quarter with a passive...

AVIONEWS - World Aeronautical Press Agency - 1103987

AVIONEWS - World Aeronautical Press Agency
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