FACTOID # 129: ‘Dollar’ is the most common currency name, followed by ‘franc,’ ‘pound,’ ‘dinar,’ ‘peso,’ and ‘rupee.’
 
 Home   Encyclopedia   Statistics   Countries A-Z   Flags   Maps   Education   Forum   FAQ   About 
 
WHAT'S NEW
RECENT ARTICLES
More Recent Articles »
 

FACTS & STATISTICS    Simple view

  1. Select countries to view: (hold down Control key and click to select several)

     

     

    Compare:

     

     

  1. Select fact or statistic: (* = graphable)

     

     

     

  2. (OPTIONAL) Compare to statistic: (both need to be graphable)

     

     

     

  3. View result as:

     

       
(OR) SEARCH ALL encyclopedia, stats & forums:   

Encyclopedia > BAA Limited
BAA Limited
Type Private
Founded 13 December 1985 (as BAA plc)
Headquarters London, England, UK
Key people Colin Matthews (CEO)
Sir Nigel Rudd (Chairman)
Industry Transport
Products Airport operations and services
Revenue £2,232 million (2006)
Operating income £710 million
Employees 12,471 (2005)
Parent Grupo Ferrovial (Spain)
Website www.baa.com

BAA Limited is the owner and operator of seven British airports and the operator of several other airports worldwide, making the company one of the largest transport companies in the world. It is owned by a consortium led by Grupo Ferrovial, a Spanish firm that specialises in infrastructure. A private company is a company that is independently owned. ... is the 347th day of the year (348th in leap years) in the Gregorian calendar. ... This article is about the year. ... This article is about the capital of England and the United Kingdom. ... For other uses, see England (disambiguation). ... Nigel Rudd Nigel Rudd (born 1946 in Derby, England) is a Fellow of the Institute of Chartered Accountants. ... For the tax agency in Ireland of the same name, see Revenue Commissioners. ... Earnings before interest and taxes (EBIT), also known as operating income and operating profit, is a term used to describe a companys earnings. ... This article is about work. ... For the band, see Big Brother and the Holding Company. ... Ferrovial Group (Grupo Ferrovial) is a Spanish company involved in construction, infrastructure, real estate and related services. ... A website (alternatively, Web site or web site) is a collection of Web pages, images, videos or other digital assets that is hosted on one or several Web server(s), usually accessible via the Internet, cell phone or a LAN. A Web page is a document, typically written in HTML... Ferrovial Group (Grupo Ferrovial) is a Spanish company involved in construction, infrastructure, real estate and related services. ...


BAA makes money from charging landing fees to airlines and increasingly from retail operations within those airports. BAA does not operate all UK airports - many are in the ownership of local authorities or other corporations. Landing fees are a charge paid by an airline to an airport company for landing at a particular airport. ... An airline is an organization providing aviation services to passengers and/or cargo. ...

Contents

History

The British Airports Authority was established by the passing of the Airport Authority Act 1966, to take responsibility for four state-owned airports - London Heathrow Airport, London Gatwick Airport, London Stansted Airport and Prestwick International Airport. In the following few years, the authority acquired responsibility for Glasgow International Airport, Edinburgh Airport and Aberdeen Airport. Heathrow redirects here. ... Gatwick Airport (IATA: LGW, ICAO: EGKK) is Londons second largest airport and the second busiest airport in the United Kingdom after Heathrow. ... The lawn in front of Stansted Airport used to attract large numbers of people waiting for their flight during the summer. ... Glasgow Prestwick International Airport (IATA Airport Code: PIK, ICAO code: EGPK) is a facility situated north of the town of Prestwick in Ayrshire, Scotland. ... Glasgow International Airport (Scottish Gaelic: ) (IATA: GLA, ICAO: EGPF) (formerly Glasgow Abbotsinch Airport) is located 8 miles (13 km) west of Glasgow city centre, near the towns of Paisley and Renfrew in Renfrewshire, Scotland. ... Edinburgh Airport (IATA: EDI, ICAO: EGPH) is located in Edinburgh, Scotland, and was the busiest airport in Scotland in 2007, handling 9,037,200 passengers. ... For the airport in Aberdeen, South Dakota, see Aberdeen Regional Airport. ...


As part of Margaret Thatcher's moves to privatise government owned assets, the Airports Act 1986 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. Margaret Hilda Thatcher, Baroness Thatcher, LG, OM, PC, FRS (née Roberts; born 13 October 1925) served as British Prime Minister from 1979 to 1990 and leader of the Conservative Party from 1975 until 1990, being the first and only woman to hold either post. ...


In July 2006, BAA was taken over by a consortium led by Grupo Ferrovial, following a bid which valued the company at £10.1 billion ($20 billion).[1] As a result, the company was delisted from the London Stock Exchange (where it had previously been part of the FTSE100 index) on 15 August 2006, and the company name was subsequently changed from BAA plc to BAA Limited. Ferrovial Group (Grupo Ferrovial) is a Spanish company involved in construction, infrastructure, real estate and related services. ... Wikipedia does not yet have an article with this exact name. ... The Source by Greyworld, in the new LSE building Paternoster Square. ... is the 227th day of the year (228th in leap years) in the Gregorian calendar. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ...


Recent Expansion

Recently BAA has expanded into international operations, including retail contracts at Boston Logan International Airport and Baltimore-Washington International Thurgood Marshall Airport (through its subsidiary BAA USA, Inc.), and a management contract with the City of Indianapolis to run the Indianapolis International Airport (as BAA Indianapolis, Inc.). For the Logan airport in Billings, Montana, see Billings Logan International Airport. ... KBWI Airport Diagram Baltimore-Washington International Airport serves the Baltimore, Maryland and Washington, DC metro-region. ... The Indianapolis skyline Indianapolis is the capital of the U.S. state of Indiana. ... Midfield Terminal Project Midfield Terminal Rendering Indianapolis International Airport (IATA: IND, ICAO: KIND, FAA LID: IND) is a public airport located seven miles (11 km) southwest of the central business district of Indianapolis, a city in Marion County, Indiana, United States. ...


In December 2005, BAA made a winning bid of £1.2 billion for a 75% stake in Budapest Ferihegy, the largest airport in Hungary, which was being privatised by the Hungarian government. Following the take-over of BAA by Grupo Ferrovial in 2006, the decision was made to sell the stake in Ferihegy and this was completed in June 2007, when a consortium led by HOCHTIEF AirPort of Germany purchased the stake. [2]


Name

Although the company is adamant that its name is strictly "BAA Limited" and that the letters do not officially stand for anything, it is still widely (albeit erroneously) referred to as the "British Airports Authority" by both the media and the public - even though the Authority officially ceased to exist following the 1986 privatisation.


Controversies

Heathrow management

BAA has garnered criticism for its handling of Heathrow, namely its predominant placement of shops rather than extra security aisles.[1] After much criticism for this, BAA has now removed some shops to provide extra security lanes. The Economist writes that retail is important for BAA at Heathrow because by law, landing charges are much less than those of similar-scope airports and retail shops help make up the difference.[1] The Economist is an English-language weekly news and international affairs publication owned by The Economist Newspaper Ltd and edited in London. ...


Competition

The British government has looked into a possible monopoly BAA holds over London's three main airports.[1] This article is about the economic term. ... This article is about the capital of England and the United Kingdom. ...


Heathrow protest injunction

In July 2007 BAA sought an injunction preventing potential protesters involved in the Camp for Climate Action from approaching its London Heathrow Airport. The injunction specifically targeted anyone belonging to, or protesting in the name of AirportWatch, The No Third Runway Action Group and Plane Stupid. However, Airport Watch members included Friends of the Earth, Greenpeace, the Campaign to Protect Rural England, the World Development Movement, the National Trust and the Royal Society for the Protection of Birds all of whom were caught by what became known as the 'Mother of all Injunctions'.[3] BAA denies seeking blanket ban on airport protest. In the end BAA won a very much more limited injunction[4] and the camp went ahead amid considerable worldwide publicity.[5] Afterward, Duncan Bonfield, BAA director of corporate affairs, and Mark Mann, BAA head of media relations resigned without stating their reasons.[6] Camping next to Drax power station, Selby, Aug 2006 The Camp for Climate Action is a campaign gathering will take place near Heathrow this year from 14th to 21st August 2007 The aim of the camp was to take action against the causes of climate change and to develop ways... Friends of the Earth is an international network of environmental organizations in 70 countries. ... Greenpeace protest against Esso / Exxon Mobil. ... The Campaign to Protect Rural England (CPRE, formerly Council for the Preservation of Rural England ) is a voluntary anti-urbanist, pro-nature organisation. ... The World Development Movement (WDM) exists to mobilise public pressure for fundamental change. ... Many countries have an organisation called The National Trust or something similar. ... The Royal Society for the Protection of Birds (RSPB) is Europes largest wildlife conservation charity. ...


Climate change

BAA is a founding member of Flying Matters[7], a coalition of business groups, trade unions, tourism groups and the aviation industry (airports, airlines, aerospace manufacturers and air traffic control)[8] launched in June 2007[9] to "balance the argument around issues of aviation and climate change"[10] arguing that aviation does not contribute significantly to climate change, and that an expansion of aviation will aid the developing world, benefits social justice is essential for UK tourism and for the UK economy.


BAA Interests

Owned and operated by BAA

For the airport in Aberdeen, South Dakota, see Aberdeen Regional Airport. ... Edinburgh Airport (IATA: EDI, ICAO: EGPH) is located in Edinburgh, Scotland, and was the busiest airport in Scotland in 2007, handling 9,037,200 passengers. ... Glasgow International Airport (Scottish Gaelic: ) (IATA: GLA, ICAO: EGPF) (formerly Glasgow Abbotsinch Airport) is located 8 miles (13 km) west of Glasgow city centre, near the towns of Paisley and Renfrew in Renfrewshire, Scotland. ... Gatwick Airport (IATA: LGW, ICAO: EGKK) is Londons second largest airport and the second busiest airport in the United Kingdom after Heathrow. ... Heathrow redirects here. ... The lawn in front of Stansted Airport used to attract large numbers of people waiting for their flight during the summer. ... This airport is located in the United Kingdom, for the airport in Canada, see Southampton Airport (Ontario) Southampton Airport (IATA: SOU, ICAO: EGHI) is the 20th largest airport in the UK, located in Eastleigh near Southampton. ...

Operated by BAA

Naples International Airport (IATA: NAP, ICAO: LIRN) is the airport serving Naples, Italy. ...

Retail management

Baltimore/Washington International Thurgood Marshall Airport (IATA: BWI, ICAO: KBWI) serves the Baltimore-Washington Metropolitan Area in the United States. ... For the Logan airport in Billings, Montana, see Billings Logan International Airport. ... PIT redirects here. ...

References

  1. ^ a b c d The Economist, The man who bought trouble. Consulted on July 18, 2007.
  2. ^ BBC NEWS | Business | BAA closing in on Hungarian deal
  3. ^ New Statesman - The mother of all injunctions
  4. ^ BBC NEWS | UK | BAA wins Heathrow protesters ban
  5. ^ BBC NEWS | UK | Heathrow protesters set up camp
  6. ^ Two top press officers resign from BAA | Business | Reuters
  7. ^ Flying Matters | About
  8. ^ Flying Matters | Voters in key marginals shun Conservative proposals for higher taxes on air travel
  9. ^ Travel industry to launch climate-change lobby group : Gatwick Airport News Stories
  10. ^ [1]

External links



 

COMMENTARY     


Share your thoughts, questions and commentary here
Your name
Your comments
Please enter the 5-letter protection code

Want to know more?
Search encyclopedia, statistics and forums:

 


Lesson Plans | Student Area | Student FAQ | Reviews | Press Releases |  Feeds | Contact
The Wikipedia article included on this page is licensed under the GFDL.
Images may be subject to relevant owners' copyright.
All other elements are (c) copyright NationMaster.com 2003-5. All Rights Reserved.
Usage implies agreement with terms.