Skip to main contentAccess keys help

[an error occurred while processing this directive]
BBC News
watch One-Minute World News
News image
Last Updated: Tuesday, 9 May 2006, 07:18 GMT 08:18 UK
BAA's airports enjoy busy Easter
Heathrow airport
BAA plans to invest �9.5bn in its three London airports
Airports operator BAA saw 12.4 million passengers pass through its terminals in April as it recorded growth in all markets except UK domestic flights.

Passenger figures were up 7.8% year-on-year, or 3.2% if the effect of a later Easter is taken into account.

Long-haul flights excluding North America rose by 15%, but there was a 1.3% fall in domestic UK air travel.

BAA is currently fending off a �8.75bn ($16bn) takeover approach from Spanish group Ferrovial.

Investment plans

Airports are currently being seen as popular investments because of a surge in air travel worldwide.

BAA has based much of its defence on the ability of its management team to reap the benefits of the increase in air-traffic.

In its latest traffic figures BAA said there was a 1.3% rise in air traffic through its airports in April compared with the same month in 2005.

Stansted and Gatwick saw the largest gains in passenger numbers, while 5.8 million travellers journeyed via Heathrow, a rise of 4.3%.

Last week, BAA promised a �9.5bn investment programme in its three London airports, Heathrow, Gatwick and Stansted, over the next 10 years.

It said passenger numbers at the three airports were set to rise by 3% a year during that period.


SEE ALSO:
BAA details Ferrovial bid defence
03 May 06 |  Business
BAA asks for shareholder loyalty
21 Apr 06 |  Business
BAA rejects latest takeover bid
18 Apr 06 |  Business
Cold snap hits BAA user numbers
11 Apr 06 |  Business
BAA rejects hostile Ferrovial bid
07 Apr 06 |  Business
BAA rejects Spanish takeover bid
17 Mar 06 |  Business


RELATED INTERNET LINKS:
The BBC is not responsible for the content of external internet sites


PRODUCTS & SERVICES

AmericasAfricaEuropeMiddle EastSouth AsiaAsia Pacific