A regulatory order for the BAA to sell Stansted airport has been upheld in London following an appeal.

Airport news for Stansted,Travel on 30/07/2012.

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A regulatory order for the BAA to sell Stansted airport has been upheld in London following an appeal.

Reports said late last week that the UK Competition Commission’s ruling that the Heathrow and Stansted airport operator, the British Airports Authority (BAA), would remain after the Spanish-owned firm filed an appeal following the initial ruling in 2009.

The news came on Thursday at London’s Court of Appeal and will serve as a substantial blow to the plans of BAA chief executive Colin Matthews, who has been outspoken of his company’s intention of retaining the airport.

The BAA recently sold Edinburgh airport and also sold Gatwick to Global Infrastructure Partners (GIP) after authorities said in 2009 the company must separate itself from the three airports in order to reduce its stranglehold on the UK’s aviation sector.

Laura Carstensen, who was part of the BAA case investigation team, said in a statement that she was pleased that the group’s decision to force the BAA to leg go of Stansted has been upheld. She went on to say that it was time that the BAA accepted the verdict, which she said was the “right” decision in the interests of both airlines and passengers.

Meanwhile, rumours point to Manchester Airports Group as a possible buyer for the facility, which experts say is valued at around £1 billion.

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