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Heathrow Airport Holdings is a company that operates and manages Heathrow Airport based in London, England. It was formed by the privatisation of the British Airports Authority as BAA plc as part of Margaret Thatcher's privatisation of government-owned assets, and was once a constituent of the FTSE 100 Index. The airport has been owned since 2024 by the French investment fund Ardian (22.61%), Qatar Investment Authority (20.00%), Public Investment Fund (Saudi Arabia) (15.01%), GIC (Singapore) (11.20%), Australian Retirement Trust (11.18%) and China Investment Corporation (10.00%). BAA plc was bought in 2006 by a consortium led by Ferrovial, a Spanish firm specialising in the design, construction, financing, operation and maintenance of transport, urban and services infrastructure. In March 2009, the company was eventually required to sell Gatwick and Stansted airports. Eventually, over the following years BAA sold all its airports other than Heathrow. The company was renamed ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ...
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Landing Fee
A landing fee is a charge paid by an aircraft operator to an airport company for landing at a particular airport An airport is an aerodrome with extended facilities, mostly for commercial Aviation, air transport. They usually consist of a landing area, which comprises an aerially accessible open space including at least one operationally active surf .... Landing fees can vary greatly between airports, with congested airports, ones where most of the landing slots are held by airlines being able to charge premium prices because of supply and demand, while less congested airports charge less because the demand is not as high. The money generated by landing fees is used to pay for the maintenance or expansion of the airport's buildings, runways, aprons and taxiways. Description Landing fees can also be used to attract more flights by keeping the fees low. Some airports, especially general aviation airports, do not charge landing fees. Landing fees may encompass ...
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Budapest Ferihegy International Airport
Budapest Ferenc Liszt International Airport (, ) , formerly known as Budapest Ferihegy International Airport and commonly denoted as Ferihegy (), is the international airport serving the Hungarian capital city of Budapest. It is the largest of the country's four commercial airports, ahead of Debrecen and Hévíz–Balaton. The airport is located southeast of the center of Budapest (bordering Pest county) and was renamed in 2011 after Hungarian composer Franz Liszt () on the occasion of his 200th birthday. The facility covers and has two runways. It offers international connections primarily within Europe, but also to Africa, to the Middle East, and to the Far East. In 2024, the airport handled 17.6 million passengers. The airport is the headquarters and primary hub for Wizz Air and base for Ryanair. In 2012 it experienced a significant drop in aircraft movements and handled cargo, primarily due to the collapse of Malév Hungarian Airlines earlier in the year, hence los ...
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BAA USA
BAA USA, also referred to as just BAA in the United States, was an American airports subsidiary owned by the British airports operator BAA. At its peak, BAA USA owned AirMall as well as the airside shopping outlets and management contracts for several American airports. It was set up in 1992 and operated each airport under a subsidiary company with BAA affixed to the name of the city. It was bought out by Prospect Capital Corporation in 2010 who renamed it AirMall USA as part of a BAA asset stripping policy. History BAA was a privatised company created from the British Airports Authority government department. Though they were a private company, they were regulated by the Airports Act 1986 which put restrictions on the amount BAA could charge in the United Kingdom for airport services. BAA USA was set up as a way for BAA to gain income without limitations. In 1992, they outbid four American contractors to win the right to run the retail outlets at Pittsburgh International Ai ...
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Pittsburgh International Airport
Pittsburgh International Airport —originally Greater Pittsburgh Airport and later Greater Pittsburgh International Airport—is a civil-military international airport in Findlay Township and Moon Township, Pennsylvania, United States. About 10 miles (15 km) west of downtown Pittsburgh, it is the primary international airport serving the Greater Pittsburgh Region as well as adjacent areas in West Virginia and Ohio. The airport is owned and operated by the Allegheny County Airport Authority and offers passenger flights to destinations throughout North America, Central America, and Europe. PIT has four runways and covers . PIT is the largest civil/public airport in terms of land area in the state of Pennsylvania. First opened in 1952, the airport was initially served by five airlines and became a small hub for Trans World Airlines for over two decades. The airport underwent a massive $1 billion rebuilding and expansion that was largely designed to US Airways' specifica ...
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Airports Act 1986
The Airports Act 1986 (c. 31) is an Act of the Parliament of the United Kingdom. The act reformed civil aviation in Great Britain and Privatization, privatised the British Airports Authority from a public department into Heathrow Airport Holdings, BAA as a private company. It also granted additional regulatory powers to the Civil Aviation Authority (United Kingdom), Civil Aviation Authority (CAA). Effect The British Airports Authority was established in 1965 by the Airports Authority Act 1965 to take management of the UK's larger airports into public ownership under a government authority. The Airports Act 1986 transferred the powers relating to running government owned airports from the British Airports Authority from the public sector to the private sector as part of a Conservative Party (United Kingdom), Conservative Party government policy of privatisation. BAA plc. was created as a result of the act to take over the authority's responsibilities. The act also granted statuto ...
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British Airports Authority Constabulary
Airport policing in the United Kingdom has taken many forms since the rise of scheduled airline services in the post-war period. Policing at major civilian airports was the responsibility of specialist constabularies operated by three central government departments until 1974, when the rise in international terrorism saw armed police from territorial police forces deployed to major airports under the provisions of the Policing of Airports Act. As more minor airports grew in size, they too switched to armed police provided by local police forces. However, the funding agreements for the provision of such services varied wildly from airport to airport, leading to disagreements between airport operators and chief constables. A new regime, the ''Airport Security Planning Framework'', came into force in January 2010, and brought airport operators, airlines and police forces together to develop joint security and policing plans for all passenger airports. History Air Ministry Constabulary ...
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Aberdeen Airport
Aberdeen International Airport is an international airport, located in the Dyce suburb of Aberdeen, Scotland, approximately northwest of Aberdeen city centre. As of 2023, 1.9 million people used the airport. The airport is owned and operated by AGS Airports, which also owns and operates Glasgow and Southampton airports. It was previously owned and operated by Heathrow Airport Holdings (formerly known as BAA). Aberdeen Airport is a base for Eastern Airways and Loganair. The airport also serves as the main heliport for the offshore North Sea oil and gas industry. With the utilisation of newer aircraft, helicopters can reach northernmost platforms on both the east and west of Shetland. The airport has a main passenger terminal, serving all scheduled and charter holiday flights. In addition, there are four terminals dedicated to North Sea helicopter operations, used by Bristow Helicopters, CHC Helicopter, NHV and Babcock Mission Critical Services Offshore. There is als ...
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Glasgow Airport
Glasgow Airport, also known as Glasgow International Airport () and formerly Abbotsinch Airport, is an international airport located in Paisley, Renfrewshire, Scotland, west of Glasgow city centre. In 2019 it handled 8.84 million passengers, an 8.4 per cent annual decrease, making it the second-busiest in Scotland, after Edinburgh Airport, and the ninth-busiest in the United Kingdom. It is owned and operated by AGS Airports, which also owns and operates Aberdeen and Southampton airports. It was previously owned and operated by Heathrow Airport Holdings (formerly known as BAA). Loganair are headquartered at the airport and have a maintenance hangar here. easyJet, Jet2.com and TUI Airways also use Glasgow as a hub. It was opened in 1966 and originally flights only operated to other places in the UK and Europe. It began to offer flights to elsewhere — flights that previously used Glasgow Prestwick Airport, which was subsequently relegated as the city's seconda ...
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Edinburgh Airport
Edinburgh Airport is an international airport located in the Ingliston area of Edinburgh, Scotland. It is located west of the city centre, just off the M8 motorway (Scotland), M8 and M9 motorway (Scotland), M9 motorways. It is owned and operated by Edinburgh Airport Limited. The airport is the busiest airport in Scotland based on passenger numbers, with 14.4 million passengers flying from the airport in 2023, a 28% increase on passenger numbers from 2022. A total of 35 airlines use the airport to fly to over 152 international destinations. During 2024, Edinburgh Airport experienced its busiest year in terms of passenger numbers, with a total of 15 million passengers. It also marked the busiest year for any Scottish airport in history. As well as being the busiest airport in Scotland, Edinburgh Airport is the List of busiest airports in the United Kingdom, sixth busiest airport in the United Kingdom. History Early years Turnhouse Aerodrome was the northernmost British air d ...
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Stansted Airport
Stansted Airport is an international airport serving London, the capital of England and the United Kingdom. It is located near Stansted Mountfitchet, Uttlesford, Essex, northeast of Central London. As London's third-busiest airport, Stansted serves over 180 destinations across Europe, Asia and North Africa. London Stansted is a base for a number of European low-cost carriers. This includes being the largest base for low-cost airline Ryanair, with over 150 destinations served by the airline. , it is the fourth-busiest airport in the United Kingdom after Heathrow, Gatwick, and Manchester. During the COVID-19 pandemic in 2021, it ranked second in the country. Stansted's runway is also used by private companies such as the Harrods Aviation, Titan Airways, and XJet terminals, which are private ground handlers that can handle private flights, charter flights, and state visits. Converted to civil use from RAF Stansted Mountfitchet in the late 1940s, Stansted was used by ch ...
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