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Heathrow Airport Holdings

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Heathrow Airport Holdings
Company typePrivate
Founded13 December 1985 (as BAA PLC)
HeadquartersCompass Centre
London Heathrow Airport
London, United Kingdom
Key people
Colin Matthews (CEO)
Sir Nigel Rudd (Chairman)
ProductsAirport operations and services
Revenue£2,567 million (2008)
£434.7 million (2008)
OwnerGroupo Ferrovial
Number of employees
13,000 approx. (2008)
ParentFGP TopCo Limited

Heathrow Airport Holdings (formely BAA Ltd.) is a Spanish company who operates six British airports (including Heathrow Airport) and Naples Airport in Italy, making the company one of the largest transport companies in the world. BAA comes from British Airports Authority and is owned by a group led by Grupo Ferrovial, a Spanish firm specialising in infrastructure. The company's head office is in The Compass Centre on the grounds of London Heathrow Airport in the London Borough of Hillingdon.

Heathrow Airport Holdings makes money from charging landing fees to airlines and from areas such as retail and property. BAA does not operate all UK airports - most are in the ownership of local authorities or other corporations.

Heathrow Airport Holdings was once a listed on the FTSE 100 Index but is now owned by FGP TopCo Limited, an international group, which includes Caisse de dépôt et placement du Québec and GIC Special Investments, that is led by the Spanish Ferrovial Group.[1]

References[change | change source]

  1. "BAA: "Who we are"". Archived from the original on 2012-01-18. Retrieved 2012-01-19.