News releases

Search returned 28 press releases

BAA places £400 million Sterling bond to refinance existing debt
BAA today announces that it has successfully placed a £400 million Sterling Class B bond, with a 2018 maturity and a fixed annual interest coupon of 6.25%...
01 September 2010

Significant progress in subordinated debt refinancing
BAA has completed a £625 million, four-year 'Class B' bank junior debt facility, marking significant progress towards a refinancing of the group's subordinated debt of £1.57 billion.
20 August 2010

BAA statement on pay offer
Following discussions at the conciliation service ACAS, trade unions have agreed to recommend to members BAA's revised offer.
17 August 2010

BAA statement
BAA's statement on the new pay offer.
16 August 2010

BAA statement on industrial action
We look forward to meeting the trade unions at ACAS on Monday...
13 August 2010

BAA response to Unite announcement
We regret the uncertainty this vote has already caused our passengers and airline customers. We hope that the union will engage with us quickly to conclude an agreement..
12 August 2010

July traffic figures – BAA's airports
The number of people travelling through BAA's UK airports increased by 0.3% to 10.9 million in July...
10 August 2010

BAA announces sale of US retail contracts
BAA today announces the sale of its US retail management contracts business for USD 50m (GBP 32m) to AMU Holdings Inc., a wholly-owned subsidiary of Prospect Capital Corporation...
01 August 2010

BAA (SP) Limited Results for the six months ended 30 June 2010
Colin Matthews, Chief Executive Officer of BAA, said: "Heathrow and Stansted delivered an encouraging performance during the first half of the year and this partly offset the impact of volcanic ash and the British Airways cabin crew strikes...
28 July 2010

BAA response to Department for Transport Economic Regulation proposals
“We are pleased to see the Transport Secretary’s announcement today setting out his approach to reforming the economic regulation of airports...
21 July 2010

BAA response to Unite statement

16 July 2010

June traffic figures – BAA's airports
BAA's passenger traffic in June was affected by British Airways cabin crew industrial action at the start of the month. BAA's UK airports handled 9.5 million passengers, a drop of 1.7% on June 2009.
12 July 2010

Heathrow’s capital investment plan published
BAA today publishes its capital investment plan ('CIP') for Heathrow Airport which sets out the airport's current plans for investment over the ten-year period to 31 March 2020...
24 June 2010

Publication of Investor Report
BAA Airports Limited (as Security Group Agent) on behalf of Heathrow Airport Limited, Stansted Airport Limited, Heathrow Express Operating Company Limited, BAA (AH) Limited and BAA (SP) Limited is today distributing an Investor Report to various parties pursuant to the terms of the Common Terms Agreement entered into on 18 August 2008...
24 June 2010

BAA completes sale of 50% stake in APP
Further to the announcement by BAA on 27 April 2010, reporting the sale of its 50% stake in the Airport Property Partnership (APP) to SEGRO plc for £244m, the company today confirms that the sale has formally completed.
22 June 2010

May traffic figures: BAA Airports
BAA's passenger traffic in May was affected by the effects of the Icelandic volcanic ash cloud and by the British Airways' cabin crew industrial action.
10 June 2010

April traffic figures: BAA Airports
BAA's passenger traffic in April was down 22.7% on the same month last year, due to the Icelandic volcanic ash cloud which closed UK airspace for several days...
10 May 2010

BAA (SP) Limited: Results for the three months ended 31 March 2010
Colin Matthews, Chief Executive Officer of BAA, said, "Heathrow and Stansted delivered a resilient financial performance during the first quarter...
29 April 2010

APP (Airport Property Partnership) sold to SEGRO plc for £244m
BAA Limited announces that its stake in The Airport Property Partnership ("APP"), a 50:50 joint venture between BAA Limited ("BAA") and clients of Aviva Fund Management Limited ("Aviva"), is being sold to SEGRO plc ("SEGRO"), for £244m...
27 April 2010

BAA statement from Nick Cullen, chief operating officer at Heathrow Airport, 16:00
Nick Cullen, chief operating officer at Heathrow Airport, said: "Any decision to re-open airspace around the UK will be taken by the CAA. We will respect those decisions...
20 April 2010

BAA trading statement, 20 April 2010
Due to the closure of UK airspace following the volcanic eruption in Iceland, all BAA's UK airports have been closed since midday on Thursday 15 April 2010. We do not at this stage believe that the closure of the airports will have a material impact on the airports' ability to finance their activities.
20 April 2010

March traffic figures: BAA Airports
Heathrow airport saw 5.2 million passengers travel through in March 2010, an increase of 0.4% compared to the previous March.
12 April 2010

February traffic figures: BAA's airports
Colin Matthews, BAA’s chief executive officer, said: "Heathrow remains resilient and other airports are beginning to see encouraging signs. However traffic remains depressed, reflecting tough conditions in the economy generally and in aviation specifically."
10 March 2010

BAA and Competition Commission
Today, the Competition Appeal Tribunal ordered that the Competition Commission's decisions in their report of 19 March 2009 relating to the common ownership of airports, be quashed...
25 February 2010

BAA annual results 2009
BAA made substantial progress in 2009 against a difficult economic backdrop, says Chief Executive Colin Matthews, but operational performance is improving and BAA will invest more than £1 billion this year to upgrade its airports.
22 February 2010

January traffic figures: BAA's airports
Poor weather in January adversely affected passenger numbers at BAA airports. The figures also reveal an encouraging improvement in the overall trend, once the disruption has been taken into account.
10 February 2010

Completion of Equity Injection into London Airport Group
BAA is pleased to confirm that it has completed the final tranche of a £500m injection into the group's London airports
29 January 2010

December traffic figures: BAA's airports
BAA’s six UK airports handled 8 million passengers in December, down 0.9% on last year. Passengers at airports across Europe and North America were affected by cancellations and disruption arising from fog and snow...
11 January 2010