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BAA announces further progress in refinancing
BAA today announces that it has made further significant progress in its refinancing through the launch of Proposals relating to the migration of existing bondholders into an investment grade...
14 July 2008
June traffic figures
BAA’s UK airports have handled a total of 70.4 million passengers this year to date...
09 July 2008
May traffic figures
BAA’s UK airports handled a total 12.7 million passengers in May, a drop of 0.5% on the same month last year...
11 June 2008
Beginning of consultations with ABI Special Committee
BAA is today beginning consultations about the migration of its non-convertible existing bonds with a Special Committee of leading BAA bondholders convened with the assistance of the Association of British Insurers (ABI) as part of the implementation of its permanent financing structure...
03 June 2008
BAA Limited - Re-financing update
BAA today announces that nine banks have agreed in principle to provide a backstop facility of £7.65bn to be used in connection with the establishment of a permanent financing structure by BAA...
02 June 2008
BAA completes sale of World Duty Free Europe
BAA is today pleased to confirm that it has completed the sale of World Duty Free Europe Limited (WDF) to Autogrill S.p.A...
21 May 2008
April traffic figures
BAA’s UK airports handled 11.8 million passengers in April, a drop of 3.0% on April 2007...
14 May 2008
Initiation of ABI holder enquiry
As previously stated, BAA intends to effect a refinancing by which it will implement a financial structure consistent with those successfully employed by other UK regulated businesses...
08 May 2008
BAA response to the Competition Commission’s emerging thinking
BAA notes the publication today of the Competition Commission’s emerging thinking, which effectively marks the end of the first stage of the Commission’s investigation...
22 April 2008
BAA statement in response to easyJet
BAA is aware that easyJet has indicated an intention to legally challenge the UK CAA...
15 April 2008
March traffic figures
BAA’s UK airports handled a total of 12 million passengers in March, an increase of 1.2% on the same month...
09 April 2008
BAA provides a further update regarding the refinancing of its debt
As previously stated, BAA’s intention is to effect a refinancing through which it will establish a long term, stable financial structure consistent with those successfully implemented by other UK regulated businesses...
08 April 2008
BAA agrees partial sale of APP (Airport Property Partnership) assets
BAA Limited announces that The Airport Property Partnership (“APP")...
21 March 2008
House of Commons Transport Select Committee report on the future of BAA
This week BAA has lodged the first application for a new full-length runway in the South East of England since the Second World War, the runway at Stansted.
15 March 2008
BAA responds to CAA price review
Following the CAA Price Review announced today, BAA remains committed to transforming Britain’s airports, and will spend £4.8bn in the next five years doing so...
11 March 2008
February traffic figures
BAA Group airports in the UK handled 10.2 million passengers in February, an increase of 3.5% on the same month last year...
11 March 2008
BAA announces sale of World Duty Free Europe
BAA today announces that it has agreed to sell World Duty Free Europe Limited (“WDF”) to Autogrill S.p.A. for £546.6 million.
10 March 2008
BAA has announced a change of Chief Executive to take effect from 1 April 2008
Colin Matthews, formerly Chief Executive of Severn Trent plc and Director of Technical Operations at BA, will take over the role from Stephen Nelson who has been Chief Executive since 2006...
27 February 2008
January traffic figures
BAA’s UK airports handled a total of 10.1 million passengers in January, a decrease of 2.0% on the same month last year.
13 February 2008
Proposed abolition of the Industrial Building Allowance - Potential impact on BAA
The UK tax code gives relief for the cost of "industrial buildings" by allowing a deduction against profits chargeable to corporation tax...
31 January 2008
BAA's formal response to the CAA's consultation on prices at Stansted
As the Secretary of State for Transport has acknowledged, the principal issue for airports in the South East is the timely delivery of new runway capacity, as outlined in the 2003 White Paper...
25 January 2008
December traffic figures
BAA’s UK airports handled a total of 10.9 million passengers in December, an increase of 0.7% on the same month last year...
09 January 2008
BAA travel advice to passengers - cabin baggage
BAA has today urged passengers to double-check airline baggage policies before travelling to its airports once new Government baggage rules come into effect on Monday 7 January...
04 January 2008
BAA welcomes unions' announcement
BAA welcomes unions' announcement...
03 January 2008