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BAA Pockets GBP340 Million/ GLA Traffic Falls 1.8%  
User currently offlineOA260 From Ireland, joined Nov 2006, 26950 posts, RR: 58
Posted (6 years 9 months 3 weeks 4 days 20 hours ago) and read 1334 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.

5 replies: All unread, jump to last
 
User currently offlineBY738 From Tonga, joined Sep 2000, 2301 posts, RR: 1
Reply 1, posted (6 years 9 months 3 weeks 4 days 19 hours ago) and read 1322 times:

Interesting out of the Scottish airports GLA has the majority of the charter services and is obviously the one to suffer with the fall overall in charter traffic.

User currently offlineAlbird87 From , joined Dec 1969, posts, RR:
Reply 2, posted (6 years 9 months 3 weeks 4 days 19 hours ago) and read 1305 times:

Quoting BY738 (Reply 1):
Interesting out of the Scottish airports GLA has the majority of the charter services and is obviously the one to suffer with the fall overall in charter traffic.

Still tho with Prestwick getting more services and the recent bomb threat over the summer months, people may of decided to change their flight movements to prestwick.


User currently offlineOA260 From Ireland, joined Nov 2006, 26950 posts, RR: 58
Reply 3, posted (6 years 9 months 3 weeks 4 days 19 hours ago) and read 1289 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.

Congrats to our Scottish members BTW.


User currently offlineLh121gla From Germany, joined May 2004, 455 posts, RR: 1
Reply 4, posted (6 years 9 months 3 weeks 4 days 19 hours ago) and read 1262 times:

Quoting OA260 (Thread starter):
All seven saw traffic increase, with the exception of Glasgow, where it declined by 1.8% to 866.3k.

Does this surprise anyone, given BAA's apparent failure to develop ANY new or existing international routes from GLA?

We've had some good news recently though ... Air Southwest from NQY and WW have just annouced 3 x weekly GLA-NOC

Bring on some MAJOR international expansion BAA and we'll see results from GLA!


User currently onlineHumberside From United Kingdom, joined Dec 2005, 4918 posts, RR: 4
Reply 5, posted (6 years 9 months 3 weeks 4 days 19 hours ago) and read 1262 times:

The terrorist attack wont make airlines move to PIK, and probably not passengers either. In no way was it a bad reflection on GLA

No doubt the numbers will increase in 2014 - well done to Glasgow for securing the Commonwealth Games



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