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Heathrow Airport Holdings

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288: 733: 1118: 818: 779:, a coalition of business groups, trade unions, tourism groups and the aviation industry (airports, airlines, aerospace manufacturers and air traffic control) launched in June 2007 to "balance the argument around issues of aviation and climate change" arguing that aviation does not contribute significantly to climate change, and that an expansion of aviation will aid the developing world, benefit social justice, and is essential for UK tourism and for the UK economy. The group was dissolved in April 2011 after several members, including BAA, left the coalition. 2458: 217: 40: 599: 1146: 1132: 825: 626:
Holdings. Colin Matthews, Chief Executive of the company, said that, given the reduction in the number of airports owned by the company, the BAA name was no longer appropriate; after the sale of Stansted, Heathrow Airport would account for 95% of the company's business. Each remaining airport owned by the company reverted to operating under its own name rather than the BAA banner.
1085:– all of whom were caught by what was described as the 'Mother of all Injunctions'. BAA denied seeking a blanket ban on airport protest. In the end they won a more limited injunction, and the camp went ahead amid considerable worldwide publicity. Afterwards, Duncan Bonfield, BAA director of corporate affairs, and Mark Mann, BAA head of media relations, resigned. 1105:
BAA has since taken steps to improve this issue, including the waiving of mandatory handling fees for light aircraft at Aberdeen and Southampton. In 2014, the equivalent charges were £29.65 at Southampton and £64.63 at Aberdeen. However, the fees remained the same at Glasgow. It was also acknowledged
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would be put up for sale in early 2012 with an aim to handing over the running of the site to a new owner by summer 2012. Numerous groups were reported to have expressed interest, including a consortium of Scottish businesses headed by former Edinburgh Airport Manager, and Fraport, the owners of
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firm specialising in the design, construction, financing, operation and maintenance of transport, urban and services infrastructure. In March 2009, the company was eventually required to sell Gatwick and Stansted airports. Eventually, over the following years BAA sold all its airports other than
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The original BAA plc was acquired in 2006 by Airport Development and Investment Limited (ADI), a new company formed by the Ferrovial consortium. In October 2008, ADI changed its name to BAA Limited, and on 15 October 2012, the company announced that it had changed its name to Heathrow Airport
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In May 2014, Heathrow Airport Holdings announced the appointment of John Holland-Kaye, current Development Director, as chief executive officer, succeeding Colin Matthews on 1 July 2014. The company agreed on 16 October 2014 to sell Glasgow, Southampton and Aberdeen airports to
1102:(including VAT) in 2013 was £234 at Aberdeen, £193 at Glasgow, and £187 at Southampton. Heathrow Airport does not permit any flights for recreational, commemorative, charity and record breaking purposes, light twin-engine private aircraft and all light single-engine aircraft. 527:
which enormously reduced air travel, the company had debts of over £17 billion to banks and bondholders. It is amongst the highest indebted UK companies, though 90% of its shares are held overseas. Its request in October 2020 to increase airport charges was rejected by the
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Eventually, the sale was confirmed on 21 October 2009 and formally completed on 3 December 2009, for a fee of £1.51 billion, almost 25 per cent less than BAA had expected Gatwick would fetch when the sale was announced a year previously. BAA sold the airport to
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was passed which mandated the creation of BAA plc as a vehicle by which stock market funds could be raised. The initial capitalisation of BAA plc was £1,225 million. In the early 1990s, the company sold Prestwick International Airport (now known as
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In July 2019, Unite threatened a strike over pay after growing frustration on pay inequality. Whilst the CEO John Holland-Kaye was awarded a 103% pay rise from £2,100,000 to £4,200,000, staff have been denied a 4.5% increase.
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As BAA, the company stated that its name did not stand for anything. It was still widely referred to as the "British Airports Authority" by both the media and the public, though the Authority was dissolved following the 1986
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access to their airports by either banning the movements of light aircraft, or setting high fees and mandatory handling charges. The total charges for landing, one night of parking, and mandatory handling for a
1460: 1187: 430:'s airports could have "adverse effects for both passengers and airlines". These were Gatwick, Stansted and either Glasgow or Edinburgh airports. The sales were forecast to raise between £3.5bn and £4bn. 2208: 473:. Ferrovial, the majority holder in BAA, said that it expected to make a capital loss of around 142 million euros (US$ 212.6 million) against its consolidated earnings following the sale. 433:
BAA announced plans to sell Gatwick Airport on 17 September 2009. At that time, the airport was valued at £1.8bn by regulators and it appeared that several firms including Macquarie Group,
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The company has received criticism for prioritising shops over extra security aisles at Heathrow. After much criticism for this, BAA removed some shops to provide extra security lanes.
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approved the third runway, with a full vote planned for Parliament. The financing of the expansion has yet to be arranged, with Heathrow Airport Holdings' finances already highly
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announced that BAA would be required to sell three of the seven UK airports it owned at the time within two years, over fears the monopoly position held by BAA over London and
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wrote that retail is important for BAA at Heathrow because, by law, landing charges are much less than those of similar-scope airports and shops help make up the difference.
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In January 2013, it was announced that Stansted would be sold to the Manchester Airports Group, a holding company owned by the 10 borough councils of Greater Manchester.
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The British Airports Authority was established by the Airport Authority Act 1965, to take responsibility for four state-owned airports from the Ministry of Aviation –
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that Heathrow Airport's runways are used at 99% of their capacity, and therefore the charges were set on the basis of very high demand and the lack of supply.
485:, Germany. The airport was sold to Global Infrastructure Partners in 2012. Later that year, the company name was changed to Heathrow Airport Holdings Limited. 1796: 2375: 793:
Since 2009 the company has been progressing a plan to build a third runway to expand Heathrow Airport. This requires government approval, and on 5 June 2018
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BAA has been accused of under-investing in snow and ice-fighting technology at Heathrow, which led to runway closures and severe delays in December 2010.
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and departing passenger levies to airlines, and from ancillary operations within those airports such as retail, car parking and property.
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opened on 27 March 2008, British Airways staff, including crew check-in staff, relocated from the Compass Centre to Terminal 5.
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from approaching Heathrow Airport. The injunction specifically targeted anyone belonging to, or protesting in the name of,
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were interested in this sale, either on their own or as part of a consortium of companies. Ferrovial and its partners (
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and Jim Northover of the design consultancy Lloyd Northover, at the time of the privatisation in 1986.
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Heathrow. The company was renamed Heathrow Airport Holdings in 2012 to reflect its main business.
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BAA USA Acquired by New Owners, to be Renamed AIRMALL® USA – PITTSBURGH, Aug. 2 /PRNewswire/
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subsidiary. In December 2005, BAA made a winning bid of £1.2 billion for a 75% stake in
2457: 1995:." BAA Limited. Retrieved on 2 October 2010. "BAA plc 130 Wilton Road London SW1V 1LQ:" 1237: 1049:
In July 2007, BAA sought an injunction preventing potential protesters involved in the
798: 216: 1486: 894: 482: 477: 344: 340: 317: 245: 2032:"Voters in key marginals shun Conservative proposals for higher taxes on air travel" 801:. In 2017 borrowings were £13.4 billion, with shareholders' equity at £0.7 billion. 1137: 986: 934: 884: 862: 850: 831: 666: 508: 466: 406:(through its subsidiary BAA USA, Inc.), and a management contract with the City of 392: 325: 313: 301: 229: 194: 191: 2048:
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1915: 1571: 1398: 1272: 2397: 2379: 1876: 1220:"LHR AIRPORTS LIMITED - Overview (free company information from Companies House)" 1151: 1007: 910: 904: 749: 612: 501: 442: 321: 305: 2114: 2222: 2009: 1609:"What Glasgow, Aberdeen and Southampton airports sell-off means for passengers" 776: 741: 268: 249: 248:'s privatisation of government-owned assets, and was once a constituent of the 176: 87: 2467: 1123: 1030: 618:
The company's former logo, composed of three green triangles, was created by
608: 546: 462: 2315: 2289: 1545:"Heathrow - Press releases - Heathrow announces new Chief Executive Officer" 2267: 1614: 1585: 1522: 1058: 1054: 888: 571: 493: 407: 2242:"Heathrow Airport could be 'shut down' this summer owing to strike action" 1938: 1797:"Top job at Heathrow airport goes to internal candidate John Holland-Kaye" 398:
BAA expanded into international operations, including retail contracts at
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As a major client of the UK construction industry, it is a member of the
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The initials of the two companies were once used by a cartoonist in the
453:) had been seeking £1.8bn to £2bn when they opened the bidding process. 1099: 1066: 507:
In January 2024, Ferrovial announced it would sell its shareholding to
186: 149: 2422:"Airport Coordination Limited - Reports/Statistics - Heathrow Airport" 2192:"Sir Seewoosagur Ramgoolam International Airport - Airport Technology" 1654:"Communication about the sale process of Heathrow's shares Ferrovial" 1518: 1011: 656: 497: 380: 256: 39: 2451: 1576: 1513: 1373:"BAA to be forced to sell Gatwick, Stansted and Edinburgh airports" 1277: 994: 745: 598: 427: 384: 205: 422:
After an inquiry which ran from August 2008 to March 2009, the UK
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Mayor of London announces TfL fares will apply to Elizabeth line
1010:(previously ran all of BAA's retail operations. Sold in 2008 to 1431: 1194: 233: 91: 1963:." British Airways. 3 March 2006. Retrieved on 2 October 2010. 1572:"Aberdeen, Glasgow and Southampton airports sold in £1bn deal" 260: 2131: 1641:
Ferrovial announces agreement to sell its stake in Heathrow
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for £1 billion, in order to focus solely on Heathrow.
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Heathrow Airport accounts for 95% of the company's business
611:. BAA should not be confused with BA, the abbreviation of 376:, which was being privatised by the Hungarian government. 2134:"Who will pay for Heathrow airport's £14bn third runway?" 1681:"Heathrow holds course on £1.7bn hike in airport charges" 907:(sold in December 2009 to Global Infrastructure Partners) 878: 2338:"Two top press officers resign from BAA | Business" 379:
In July 2006, BAA was taken over by a consortium led by
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Companies formerly listed on the London Stock Exchange
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Wulf Teiwes and Morten Tveit, London Business School,
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Compass Centre, when it was a British Airways facility
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BAA won a contract to manage the retail operations at
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Former nationalised industries of the United Kingdom
2115:"Heathrow Airport: Cabinet approves new runway plan" 1823:"Leading airport boss appointed as new Heathrow CEO" 1238:
http://faculty.london.edu/cvoss/baa/html/baagoes.htm
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The original BAA plc's head office was located near
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Companies based in the London Borough of Hillingdon
1312:Osborne, Alastair; Butler, Sarah (17 August 2008). 343:'s moves to privatise government owned assets, the 2167:"£1.5 billion Stansted Airport sale complete" 2141: 2085:"Airline industry lobby group grounded from April" 2008:. Flying Matters. 20 December 2007. Archived from 1753: 1679: 1671: 1607: 1422: 1420: 1249: 1247: 1245: 1224:find-and-update.company-information.service.gov.uk 255:BAA plc was bought in 2006 by a consortium led by 1788: 2529:Caisse de dépôt et placement du Québec companies 2465: 2340:. Uk.reuters.com. 22 August 2007. Archived from 782: 1417: 1242: 975:Sir Seewoosagur Ramgoolam International Airport 518: 2164: 2107: 1302:. Prnewswire.com. Retrieved on 16 August 2013. 1044: 945: 447:Government of Singapore Investment Corporation 1311: 295: 2132:Gill Plimmer, Jonathan Ford (22 June 2018). 1982:. 1 March 2008. Retrieved on 2 October 2010. 1723:"Marshall resigns as chief executive of BAA" 748:. The Compass Centre previously served as a 740:The company's head office is located in the 271:, on the grounds of Heathrow Airport in the 2125: 1461:"BAA announces the sale of Gatwick Airport" 1455: 1453: 553: 336:, and was disbanded between 1974 and 1975. 2456: 1485:. Reuters. 21 October 2009. Archived from 952:Baltimore-Washington International Airport 404:Baltimore-Washington International Airport 215: 38: 2479:Transport operators of the United Kingdom 2223:"Has Heathrow's Reputation Been Damaged?" 1182: 1180: 1178: 1176: 1174: 1083:Royal Society for the Protection of Birds 332:in 1966, which was renamed to become the 1863:accompanied by a parody of the familiar 1450: 1093:BAA's pricing structure mostly excludes 731: 597: 286: 275:. The company makes money from charging 2524:Transport companies established in 1985 2220: 1998: 1057:, The No Third Runway Action Group and 931:(sold in December 2014 to AGS Airports) 913:(sold in December 2014 to AGS Airports) 370:Budapest Ferihegy International Airport 334:British Airports Authority Constabulary 330:Ministry of Civil Aviation Constabulary 228:is a company that operates and manages 14: 2466: 2061:. Uk-airport-news.info. Archived from 1888: 1794: 1766:from the original on 10 December 2022. 1605: 1569: 1405:from the original on 30 September 2009 1171: 1023: 879:Previously owned and operated airports 873: 744:on the grounds of Heathrow Airport in 677:Caisse de dépôt et placement du Québec 451:Caisse de dépôt et placement du Québec 2514:British companies established in 1985 1993:BAA plc Head Office, Victoria, London 1748: 1746: 1483:"BAA sells Gatwick airport at a loss" 1314:"Commission to break up BAA monopoly" 809: 804: 356:International operations and takeover 2221:Musafer, Shanaz (21 December 2010). 1889:Thomas, Nathalie (15 October 2012). 1820: 1677: 1438:from the original on 5 November 2009 1342:"BAA ordered to sell three airports" 1339: 1214: 1212: 844:Heathrow Airport Holdings UK airport 593: 535: 476:In October 2011, BAA announced that 267:The company's head office is in the 2165:Sinead Holland (28 February 2013). 1847:BAA plans clear-out of top managers 1570:Fraser, Douglas (16 October 2014). 1370: 1088: 27:Company based in the United Kingdom 24: 2411:London Heathrow – AIP Textual Data 2290:"BAA wins Heathrow protesters ban" 2211:Transport for London 16 March 2018 1743: 1352:from the original on 22 April 2009 1273:"BAA closing in on Hungarian deal" 964:Indianapolis International Airport 958:Boston Logan International Airport 717:Universities Superannuation Scheme 412:Indianapolis International Airport 400:Boston Logan International Airport 328:(1975). The authority took on the 25: 2545: 2443: 2400:BAA Southampton Conditions of Use 2318:. BBC News Online. 12 August 2007 2316:"Heathrow protesters set up camp" 1941:. Heathrow Airport Holdings. 2014 1920:, Heathrow Airport Holdings, 2021 1606:Calder, Simon (17 October 2014). 1399:"Gatwick Airport put up for sale" 1209: 1160:List of companies based in London 1071:Campaign to Protect Rural England 1061:. Airport Watch members included 770: 2034:. Flying Matters. Archived from 1678:Gill, Oliver (25 October 2020). 1144: 1130: 1116: 1018: 969:Pittsburgh International Airport 824: 823: 816: 635:Strategic Forum for Construction 602:The BAA logo, introduced in 1986 395:of Germany purchased the stake. 362:Pittsburgh International Airport 2414: 2403: 2385: 2367: 2356: 2330: 2308: 2282: 2270:. New Statesman. 13 August 2007 2268:"The mother of all injunctions" 2260: 2234: 2214: 2202: 2184: 2158: 2077: 2051: 2024: 1985: 1966: 1953: 1931: 1908: 1882: 1870: 1851: 1840: 1814: 1770: 1755:"BAA chief executive to depart" 1729: 1715: 1700: 1646: 1634: 1622:from the original on 9 May 2022 1599: 1563: 1537: 1501: 1475: 1391: 589:Thomas Woldbye (2023 - Current) 417: 117:Airport operations and services 2519:1985 establishments in England 2484:Airports in the United Kingdom 2364:BAA Aberdeen Conditions of Use 1428:"BAA sells Gatwick for £1.5bn" 1364: 1333: 1305: 1293: 1265: 1230: 899:Global Infrastructure Partners 727: 459:Global Infrastructure Partners 33:Heathrow Airport Holdings Ltd. 13: 1: 2382:BAA Glasgow Conditions of Use 1860:Richmond and Twickenham Times 1340:Done, Kevin (18 March 2009). 1165: 789:Expansion of Heathrow Airport 783:Expansion of Heathrow Airport 775:BAA was a founding member of 586:John Holland-Kaye (2014–2023) 1891:"BAA rebrands as 'Heathrow'" 1262:. Consulted on 18 July 2007. 923:Naples International Airport 707:China Investment Corporation 640: 519:Effects of COVID-19 pandemic 273:London Borough of Hillingdon 7: 2248:. London: ITN. 12 July 2019 2006:"Corporate website – about" 1795:Topham, Gwyn (8 May 2014). 1197:: Heathrow Airport Holdings 1109: 1045:Heathrow protest injunction 946:Previously managed airports 697:Australian Retirement Trust 631:Construction Clients' Group 568:Mike Hodgkinson (1999–2003) 559:Jeremy Marshall (1987–1989) 540: 10: 2550: 2196:www.airport-technology.com 1401:. BBC. 17 September 2008. 1259:The man who bought trouble 1075:World Development Movement 937:(sold in February 2013 to 887:(sold in December 2014 to 786: 667:Qatar Investment Authority 577:Stephen Nelson (2006–2008) 296:British Airports Authority 282: 238:British Airports Authority 18:British Airports Authority 2474:Heathrow Airport Holdings 1709:Debrett's People of Today 1001: 980: 939:Manchester Airports Group 917:Glasgow Prestwick Airport 752:flight crew centre. When 435:Manchester Airports Group 372:, the largest airport in 350:Glasgow Prestwick Airport 226:Heathrow Airport Holdings 200: 185: 175: 162: 147: 132: 121: 113: 98: 83: 64: 56: 46: 37: 1877:Companies House Webcheck 1827:mediacentre.heathrow.com 925:65% stake (sold in 2010) 554:List of chief executives 530:Civil Aviation Authority 2378:25 January 2013 at the 1879:Company number 05757208 1051:Camp for Climate Action 897:(sold in April 2012 to 856: 761:London Victoria station 523:As of 2020, during the 2534:Public Investment Fund 1974:T5 Prepares to Go Live 1463:. BAA. 21 October 2009 989:(joint operation with 737: 603: 513:Public Investment Fund 424:Competition Commission 292: 70:; 38 years ago 2396:28 March 2012 at the 1737:"Hodgkinson knighted" 867:Great Western Railway 735: 601: 461:, the fund backed by 389:London Stock Exchange 290: 68:13 December 1985 1063:Friends of the Earth 841:class=notpageimage| 364:in 1991 under their 140:£1,707 million 125:£3,687 million 104:Thomas Woldbye (CEO) 2428:on 29 November 2014 2146:on 10 December 2022 1979:Air Transport World 1917:Company information 1784:. 27 February 2008. 1686:The Daily Telegraph 1434:. 20 October 2009. 1377:The Daily Telegraph 1319:The Daily Telegraph 1024:Heathrow management 991:First Great Western 929:Southampton Airport 874:Previous operations 765:City of Westminster 754:Heathrow Terminal 5 471:London City Airport 469:, who also operate 164:Number of employees 34: 2344:on 23 January 2008 2065:on 14 January 2009 2012:on 23 January 2008 1489:on 23 October 2009 1188:Annual Report 2023 810:Owned and operated 805:Current operations 738: 604: 496:, a consortium of 293: 155:£527 million 107:Lord Paul Deighton 32: 2494:Airport operators 1725:. 26 August 1989. 1525:. 19 October 2011 1281:. 8 December 2005 895:Edinburgh Airport 725: 724: 594:Corporate affairs 536:Senior leadership 525:COVID-19 pandemic 483:Frankfurt Airport 478:Edinburgh Airport 345:Airports Act 1986 341:Margaret Thatcher 318:Edinburgh Airport 310:Prestwick Airport 246:Margaret Thatcher 223: 222: 171: 158: 143: 128: 16:(Redirected from 2541: 2509:Heathrow Airport 2460: 2455: 2454: 2452:Official website 2438: 2437: 2435: 2433: 2424:. 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" 1971: 1967: 1958: 1954: 1944: 1942: 1937: 1936: 1932: 1923: 1921: 1914: 1913: 1909: 1899: 1897: 1887: 1883: 1875: 1871: 1856: 1852: 1845: 1841: 1831: 1829: 1819: 1815: 1805: 1803: 1793: 1789: 1776: 1775: 1771: 1752: 1751: 1744: 1739:. 16 June 2003. 1735: 1734: 1730: 1721: 1720: 1716: 1712:(2002), p. 681 1705: 1701: 1691: 1689: 1676: 1672: 1662: 1660: 1652: 1651: 1647: 1639: 1635: 1625: 1623: 1604: 1600: 1590: 1588: 1568: 1564: 1554: 1552: 1543: 1542: 1538: 1528: 1526: 1507: 1506: 1502: 1492: 1490: 1481: 1480: 1476: 1466: 1464: 1459: 1458: 1451: 1441: 1439: 1426: 1425: 1418: 1408: 1406: 1397: 1396: 1392: 1382: 1380: 1369: 1365: 1355: 1353: 1346:Financial Times 1338: 1334: 1324: 1322: 1310: 1306: 1298: 1294: 1284: 1282: 1271: 1270: 1266: 1252: 1243: 1235: 1231: 1218: 1217: 1210: 1200: 1198: 1190: 1186: 1185: 1172: 1168: 1152:Aviation portal 1150: 1145: 1143: 1136: 1131: 1129: 1122: 1115: 1112: 1091: 1047: 1026: 1021: 1008:World Duty Free 1004: 983: 948: 911:Glasgow Airport 905:Gatwick 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Glasgow. 795:the Cabinet 728:Head office 583:(2008–2014) 574:(2003–2006) 565:(1990–1999) 549:(1972–1977) 410:to run the 339:As part of 324:(1975) and 244:as part of 2468:Categories 2099:20 October 1939:"About us" 1900:20 October 1821:Heathrow. 1806:2 February 1692:25 October 1626:20 October 1591:20 October 1529:20 October 1493:2 November 1467:2 November 1442:2 November 1409:2 November 1383:16 January 1325:20 October 1193:(Report). 1166:References 1100:Cessna 152 1067:Greenpeace 767:, London. 620:John Lloyd 150:Net income 109:(Chairman) 100:Key people 75:1985-12-13 2229:. London. 1832:27 August 1658:Ferrovial 1643:Ferrovial 1519:Edinburgh 1012:Autogrill 799:leveraged 657:Ferrovial 641:Ownership 498:Ferrovial 387:from the 381:Ferrovial 257:Ferrovial 232:based in 208:.heathrow 60:Transport 2394:Archived 2376:Archived 2294:BBC News 2246:ITV News 2227:BBC News 2119:BBC News 1764:Archived 1688:. London 1620:Archived 1577:BBC News 1514:BBC News 1436:Archived 1403:Archived 1379:. 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Index

British Airports Authority

Private
Compass Centre
London
Lord Paul Deighton
Operating income
Net income
Parent
Subsidiaries
Heathrow Airport
Heathrow Express
www.heathrow.com/company
Edit this at Wikidata
Heathrow Airport
London
Margaret Thatcher
FTSE 100 Index
Ferrovial
Spanish
Compass Centre
London Borough of Hillingdon
landing fees

Heathrow Airport
Gatwick Airport
Prestwick Airport
Stansted Airport
Edinburgh Airport
Glasgow Airport

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