Feb. 22 (Bloomberg) -- BAA Ltd. said several bidders remain in contention to buy Edinburgh airport in Scotland after some offers were excluded as part of the selection process.
“We have a smaller number of bidders going into a second round and we’re pleased with the progress,” BAA Chief Executive Officer Colin Matthews said today in a telephone interview.
BAA, a unit of Spain’s Ferrovial SA, aims to make a decision on whether to lodge a further appeal against the forced sale of London’s Stansted airport on antitrust grounds “relatively quickly,” Matthews said.
The state of the U.K. economy means it’s not a good time to sell Stansted, which is more dependent on leisure flying than some other U.K. airports, the CEO said.
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