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BAA airport sell-off still on
Airport operator BAA has lost its latest challenge against a ruling that it must sell Stansted and either Glasgow or Edinburgh airports.
BAA has mounted a string of legal challenges in an attempt to keep them ever since the Competition Commission ruled in 2009 that BAA must sell three of its seven UK airports.
The ruling has already led to BAA selling Gatwick Airport.
The Supreme Court ruled against its latest bid to stop further sell-offs.
BAA was asking the court - the highest in the UK - to give it leave to appeal against a previous Court of Appeal decision that it should be forced to sell two more of its key hubs.
A BAA spokesman said: "We are disappointed by the Supreme Court's decision not to hear our appeal.
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Post Date: February 18th, 2011