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So they're going to sell off BAA airports.

 
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Privateer



Joined: 31 Aug 2005
Location: Easy Street.

PostPosted: Wed Aug 20, 2008 11:58 pm    Post subject: So they're going to sell off BAA airports. Reply with quote

Because that worked so well for British Rail. Good thinking. Nice to see such fresh ideas. Let's sell off the Houses of Parliament next. I'm sure they'll be run much better by a consortium of French and Russian mining companies.
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Big_Bird



Joined: 31 Jan 2003
Location: Sometimes here sometimes there...

PostPosted: Thu Aug 21, 2008 8:22 pm    Post subject: Re: So they're going to sell off BAA airports. Reply with quote

Privateer wrote:
Because that worked so well for British Rail. Good thinking. Nice to see such fresh ideas. Let's sell off the Houses of Parliament next. I'm sure they'll be run much better by a consortium of French and Russian mining companies.


Grrrr...
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bucheon bum



Joined: 16 Jan 2003

PostPosted: Thu Aug 21, 2008 9:00 pm    Post subject: Reply with quote

uh isn't BAA already sold off? and owned by a spanish company? I am pretty certain it isn't a gov't entity. The gov't wants to break up the monopoly the BAA has over all the airports.
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bucheon bum



Joined: 16 Jan 2003

PostPosted: Thu Aug 21, 2008 9:04 pm    Post subject: Reply with quote

Ah yes, here is an Economist article about it:
Breaking up BAA

Quote:
The biggest loser from a shake-up will be BAA�s current owner, Ferrovial. The Spanish firm bought BAA for �10.1 billion ($18.8 billion) two years ago in a deal that seemed expensive at the time, although cunningly financed, since it spent barely �580m of its own money for BAA.


bold is mine.
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mises



Joined: 05 Nov 2007
Location: retired

PostPosted: Fri Aug 22, 2008 1:30 pm    Post subject: Reply with quote

I don't know the cause or how to fix it, but Heathrow is absolutely the worst major airport on earth. And every time I've flown British Air they've lost my bags. Flying from HK with Cathay to Heathrow and then BA to Toronto is an eye opening experience.
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