With BAA still fighting the government ordered sale of London's Stansted airport, the U.K. Competition Commission -- which has been driving the BAA breakup in the London region -- now is telling BAA to get on with its asset disposal in Scotland.
As part of its review of BAA, the Competition Commission told the airport owner to unload Gatwick -- now sold -- Stansted, and either Glasgow or Edinburgh. The Gatwick deal was concluded relatively quickly, and the Competition Commission then told BAA to sell Stansted next.
But the organization is now reversing itself. With the Stansted battle still going through the legal process, the Competition Commission today says:
"In view of the real risk of delay arising as a result of this second appeal and also given the fact that BAA is not challenging the Scottish airport sale, the CC has now decided that it would be in the interests of affected passengers and airlines to proceed with the sale of either Glasgow or Edinburgh Airport first."
Laura Carstensen, the head of the BAA Remedies Implementation Group says "it is frustrating that we cannot proceed with the Stansted disposal." The sales process for Edinburgh or Glasgow should start "very shortly".