OA260 From Ireland, joined Nov 2006, 27928 posts, RR: 60 Posted (7 years 5 months 3 weeks 17 hours ago) and read 1450 times:
BAA pockets £340m
09 Nov 2007
Ferrovial-owned BAA has sold its stakes in six Australian airports for A$775m (£340m) to an Australian entity managed by Hastings Fund Management.
The disposal comprises a 19.8% stake in Melbourne and Launceston, 15% in Perth and 10% interests in three Northern Territory airports.
BAA said the sale represented a continuation of its strategy to dispose of non-core international assets.
Separately, the company announced its seven UK airports reported a 3.5% year-on-year in passengers handled to 13.2m last month.
All seven saw traffic increase, with the exception of Glasgow, where it declined by 1.8% to 866.3k.
Aberdeen was up 6.6% at 319.4k, Southampton 5.7% at 179.1k, Edinburgh 5% at 820.2k, Gatwick 4.9% at 3.1m, Heathrow 3.9% at 5.8m and Stansted 1.8% at 2.1m.
On a market-by-market basis the strongest growth came in North Atlantic traffic, which was 8.9% higher than Oct06 at 1.7m, followed by other long-haul, up 8.5% at 2.1m.
Third best was European scheduled with a rise of 4.3% to 5.5m passengers, while Eire remained near flat (+0.4%) at 577.2k.
Domestic traffic declined by 2.4% year-on-year to 2.3m and European charter by 3.2% to 953.3k.
OA260 From Ireland, joined Nov 2006, 27928 posts, RR: 60
Reply 3, posted (7 years 5 months 3 weeks 17 hours ago) and read 1405 times:
Quoting Albird87 (Reply 2): recent bomb threat over the summer months, people may of decided to change their flight movements to prestwick.
I was wondering that myself but then I disgarded it but maybe your right. I have always seen GLA as a growing airport but then maybe Im wrong. Maybe its just my perception. With the winning of the Commonwealth games this should give an added boost to the PIK and GLA airports.