Airport operator BAA has announced it is to sellEdinburgh Airport due to competition regulations. The company is to put theairport up for sale at the end of this year and BAA hopes a sale will besecured by the summer.
“Edinburghis a great airport with a great team and a great future and we will be verysorry to see it leave BAA,” said Colin Matthews, chief executive of BAA. “Weremain committed to Scotland and we will continue our long-term investment toimprove passenger and airline experience at Aberdeen and Glasgow, as well as atEdinburgh until the sale is complete. Choosing which airport to sell has been adifficult decision”.
The Spanish-owned company has already sold Gatwick afterthe Competition Commission said its UK airport ownership was anti-competitive. BAAhas also been ordered to sell Stansted but BAA is fighting against the rule.