London Gatwick Airport News

Citi Out Of Race For Gatwick Airport

May 14, 2009

A consortium led by Citigroup's infrastructure fund was dropped on Wednesday from the battle to buy London's Gatwick airport, leaving just two groups vying to take over Britain's second-busiest airport.
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BAA Passengers Down 10 Percent, Loss Widens

May 5, 2009

British airports operator BAA saw a 10 percent drop in passenger numbers and suffered a sharply higher loss in the first quarter, the company said on Tuesday, as the recession hit air travel.
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Ferrovial Gets Three Offers For London Gatwick

April 30, 2009

Spanish construction company Ferrovial has received three offers for London's Gatwick Airport, the head of Ferrovial's airport division said on Thursday.
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Deadline Closes For Gatwick Airport Bids

April 27, 2009

The deadline for submitting bids for Gatwick, Britain's second busiest airport, passed at 1400 GMT on Monday, with operator BAA saying a winner could be announced in days.
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BAA May Not Get GBP1.6 Bln For Gatwick

April 26, 2009

Ferrovial may not get the Regulatory Asset Base value of GBP1.6 billion pounds (USD$3.17 billion) for London Gatwick airport because of credit rating concerns over the bids, The Sunday Telegraph reported without citing sources.
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Terra Firma To Bid For BAA's Gatwick Airport

April 25, 2009

Private equity house Terra Firma plans to lodge a bid for UK airports operator BAA's London's Gatwick Airport, Spanish newspaper El Pais reported on Saturday without citing a source.
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Low Gatwick Passenger Number May Hit Price

April 23, 2009

UK airports operator BAA may raise less than it hoped from the sale of London's Gatwick Airport after latest passenger numbers there disappointed, putting downward pressure on its valuation, bidders said on Thursday.
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UK Pension Fund Joins Gatwick Airport Bid

April 3, 2009

The British airport operator vying with Citigroup- and GE-linked funds to buy London's Gatwick Airport has drafted in one of Britain's biggest retirement funds to strengthen its bid.
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Canadian Pension Funs Eye UK Airports

March 27, 2009

Canada's top pension funds are looking to invest in British airports after the breakup of Britain's BAA, the Globe and Mail said.
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Gatwick Bidders Set To Be Assessed By Regulators

March 20, 2009

Potential bidders for London's Gatwick Airport are to be assessed by Britain's competition regulator next week on their suitability to run the country's second-busiest airport.
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