Baa Forecasting Slower Passenger Growth in Uk

The HeraldMarch 29, 2006

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Summary


BAA is predicting annual passenger growth at its seven UK airports of 2-per cent - in line with expectations but lower than rises of around 4-per cent recorded in previous years.

In a trading update, chief executive Mike Clasper blamed a softer economy, last July's terrorist attacks, and the Gate Gourmet industrial dispute at Heathrow for the dip.

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Extract


Baa Forecasting Slower Passenger Growth in Uk

BAA, which recently rebuffed an GBP8.8bn bid approach from Spanish giant Grup...

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