AIRPORTS operator BAA overcame the impact of the London bombings and the Gate Gourmet catering dispute to post an eight per cent rise in operating profits yesterday.
BAA, which is the subject of an £8.75bn takeover attempt by Spanish infrastructure group Ferrovial, said passenger numbers grew by two per cent, but that it was able to drive revenues up by seven per cent to £2.23bn in light of stronger retail income and rising tariffs at its three London airports.
Yesterday, BAA also announced it had signed an agreement with flamboyant Michelin-starred chef Gordon Ramsay to operate a fine dining restaurant in the new Heathrow Terminal Five.
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules hereComments are closed on this article