Manchester Airport Group (MAG), which also owns East Midlands and Bournemouth airports, will team up with Industry Fund Management (IFM) to make a bid to buy Stansted Airport from BAA. BAA’s decision to sell Stansted in the summer followed from a legal battle with the Competition Commission (CC), which ruled that BAA sell Stansted due to lack of competition between London airports.
Full Content: BBC
Related Content: BAA loses appeal, must sell Stansted, Rynair ousted from Stansted airport bid
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