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British Airport Authority told to sell Gatwick, Stansted and Edinburgh airports
BAA was bought by Spanish company Ferrovial two years ago. The Competition Committee's criticism of BAA might look like a bid to bring ownership back to the U.K. However, that is not likely to happen. BAA put Gatwick on the market in August. The top bidders thus far are German and Australian companies. Virgin Atlantic is also trying to organize a consortium of investors to make a bid.
The Scottish airports and Stansted remain in BAA's hands for now. The organization responded to the watchdog's report by saying that there was no compelling evidence proving that the airports, especially Stansted, should be sold.