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BAA could challenge airport sale

BAA says it may appeal against the decision by the Competition Commission to force it to sell three of its seven UK airports.

Passengers forced to use older trains finds Office of Rail Regulation

Rail passengers are being forced to use older trains as the average age of rolling stock reached a five year high according to the Office of Rail Regulation.

Friday, 20 March 2009

BBC News

Financial Times

  • Tata cuts target for low-cost Nano carThe Nano, the world's cheapest car due to launch in India on Monday, will have an initial production run of 40,000 “ a fraction of Tata Motors' original target
  • First Group outlines plan to cut 3,500 jobsFirst Group has announced plans to cut 3,500 jobs “ representing 3 per cent of its cost base “ over the next year
  • BAA ordered to sell three airportsThe UK competition watchdog on Thursday ordered the airport operator to sell three of its seven UK airports, ending its monopoly ownership of the leading airports in London and in Scotland

The Guardian

  • London Underground faces funding crisis, warns City Hall committeeGovernment asked to meet cost increases incurred by maintenance firm in work on stations and tunnels
  • BAA airports sell-off: Companies in the runningBAA will be selling three of its biggest airports into a market that is unrecognisable from nearly three years ago, when its indebted owners bought Britain's largest airports group for £10.3bn with a highly leveraged bid.
  • BAA told to sell Gatwick and Stansted¢ Airport expansion project likely to face further delay¢ Warning that sale may not clear group's pile of debtThe Competition Commission further disrupted the government's airport expansion programme yesterday by ordering the break-up of BAA in a move that could push back the opening of a second runway at Stansted.The watchdog told Britain's dominant airport owner to sell Gatwick, Stansted and either Glasgow or Edinburgh. Christopher Clarke, chairman of the inquiry, said the disposal of Stansted could further delay a planning inquiry that has already been put on hold by ministers pending the o...

The Herald

  • FirstGroup soars on updateFirstgroup, the Scottish-based transport group that operates bus and rail services in the UK and buses in North America, yesterday cheered City investors with an upbeat trading statement that boasted of a “strong performance”.
  • Council plans services to replace post busesHighland Council is preparing to provide alternative transport to five postbus services that Royal Mail is withdrawing from remote communities in Caithness, Sutherland and Ross-shire.

The Scotsman

The Telegraph

Times Online

  • 10 ways to make Britain's airports better Following the news today that BAA must sell Gatwick, Stansted and either Edinburgh or Glasgow airports, we've put together a plea for anyone thinking of buying them.
  • BAA may challenge order to sell airports BAA may appeal against the Competition Commission's ruling that it must sell both Gatwick and Stansted airports, as well as either Edinburgh or Glasgow, within the next two years.
  • US car suppliers thrown $5bn lifeline$ The US Government threw a $5 billion lifeline to American car-parts suppliers struggling to remain in business as vehicle manufacturers slash production.$

Press Association

  • US-style school buses offer jobs hopeIntroducing US-style yellow school buses across Britain would create up to 13,000 new jobs, according to new research by a group headed by former Home Secretary David Blunkett.

Daily Record

Mail Online

Network Rail

Transport Briefing

  • BAA given two years to break up airport portfolioIn its final report into BAA's ownership of Heathrow, Gatwick, Stansted, Southampton, Edinbugh, Glasgow and Aberdeen airports the Competition Commission said that within two years BAA must sell both both Gatwick and Stansted as well as either Edinburgh or Glasgow in that order. BAA put Gatwick up for sale in September 2008.

Daily Post (North Wales)

Derby Telegraph

Edinburgh Evening News

London Evening Standard

Manchester Evening News

  • MAG circles Scots airportsMANCHESTER Airport Group (MAG) is plotting to bid for Edinburgh or Glasgow Airports in addition to its offer for Gatwick, sources confirmed today. MAG - which already owns East Midlands, Humberside and Bournemouth Airports as well as Manchester - is eyeing a swoop north of the border after the Competition Commission ordered Spanish-owned BAA to dispose of Gatwick and Stansted airports as well as either Glasgow or Edinburgh airport within two years.

Metro

The News (Portsmouth)

The Press and Journal (Aberdeen)

  • A96 congestion plan in pipelineA plan to ease congestion on a main trunk road through Moray after two bypasses were left out of the national 20-year plan is being put together by Moray Council and the Scottish Government.

The York Press

  • Site proposal for new Haxby rail stationA POTENTIAL site for a long-awaited new commuter rail link on the edge of York has been marked out – but it could still be four years before the first trains call there.

This Is Local London Network

Yorkshire Evening Post

  • Yorks-Kent rail freight link axedA RAIL freight container business which operated between Yorkshire and Kent has been axed due to the economic downturn, it was revealed today.

Peterborough Telegraph

Washington Post

  • Auto Parts Makers Get $5 Billion Lifeline The Obama administration announced yesterday that it will provide $5 billion in financial aid to auto parts manufacturers, signaling the government's continued interest in propping up the domestic car industry and raising hopes that it will soon provide even more money.

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