Shows & Panels
- The 2014 Big Picture on Cyber Security
- AFCEA Answers
- Ask the CIO
- Connected Government
- Consolidating Mission-critical Systems
- Constituent Servicing
- Continuous Monitoring: Tools and Techniques for Trustworthy Government IT
- The Data Privacy Imperative: Safeguarding Sensitive Data
- Eliminating the Pitfalls: Steps to Virtualization in Government
- Federal Executive Forum
- Federal Tech Talk
- Government Cloud Brokerage: Who, What, When, Where, Why?
- Government Mobility
- Mission-critical Apps in the Cloud
- Mobile Device Management
- The Modern Federal Threat Landscape
- The Path from Legacy Systems
- Understanding the Intersection of Customer Service and Security in the Cloud
Shows & Panels
UK's Stansted airport being sold for $2.38 billion
Friday - 1/18/2013, 4:38pm EST
LONDON (AP) - The company that owns London's Stansted airport says it is selling it to the Manchester Airports Group for 1.5 billion pounds ($2.38 billion.)
Airport operator Heathrow Airport Holdings, formerly known as BAA, had to sell Stansted and other airports after British competition authorities ruled that it had an unfair market advantage over rival operators.
The Competition Commission in 2009 ordered the operator to sell Stansted, London's third busiest airport. It had already sold airports in Gatwick and Edinburgh.
The deal announced Friday means that Heathrow Airport Holdings will be responsible for just four British airports _ Heathrow, Southampton, Aberdeen and Glasgow _ compared to an original seven it had.
The sale is expected to be completed by the end of February.
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)