Press Release
Gatwick welcomes airport sales
30 March 2011
Gatwick welcomes airport sales
30 March 2011
- Further break-up of BAA is good news for passengers and airlines
- Independent Gatwick gives a ‘foretaste of the benefits competition can bring’
Gatwick today welcomes the move by the Competition Commission (CC) to uphold its decision made in 2009 that the break-up of BAA should continue with the sale of a further two airports.
The sale of Gatwick to Global Infrastructure Partners (GIP) 15 months ago illustrates the benefits that can be delivered to passengers and airlines through separate ownership. The sale of Stansted will bring greater competition between the London airports, which can only mean good news for passengers.
Stewart Wingate, Chief Executive of Gatwick Airport said: “It is welcome news that the Competition Commission remains convinced that competition in the airport market is a good thing and that a further break-up of BAA should press ahead
“The CC recognises that Gatwick, under new ownership, is delivering real benefits to both airlines and passengers . Airlines, including airberlin and Norwegian Air Shuttle, have switched from Stansted to Gatwick and BA and easyJet are growing their operations. Passengers are receiving better service with average security queue times of under two minutes in 2010 and we are driving value and efficiency while investing almost £1 billion in new facilities across the airport.
"Competition creates choice and we want passengers and the airlines to choose Gatwick.”
For further information, please contact:
Gatwick Airport Press Office
Tel: +44 (0)1293 505000
Email: gatwickmedia@gatwickairport.com
