Ryanair to take-over London Stansted airport?

Posted by Tom in Airlines, Airports, Europe, In the News on Friday, 8 August 2008

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Ryanair new owner of Stansted?

Ryanair seems to be interested in taking over London Stansted airport (IATA: STN) according to a news article published in the Daily Telegraph today:

Michael O’Leary is interested in launching a £2bn bid for Stansted airport and proving to BAA and the regulators that he can run it much better than they can.

The current owner, BAA, has recently become under increasing pressure to break up its monopolistic ownership over the three busiest airports in London, Heathrow, Gatwick and Stansted after continuously failing to improve their performance. However, having Ryanair running an airport would raise other concerns: Would they make travellers pay for every little additional thing as they do with their flights? At least this discussion adds to some movement in the BAA question and that’s always welcomed.

[Picture from Flickr]



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