The South Korea's Airport Operator Stansted
4:28 AM
Charles dickens
, Posted in
AFP.Incheon
,
Airports Council International
,
BAA
,
British Airports Authority
,
Global
,
London
,
overseas businesses
,
South Korea
,
Spanish
,
US
,
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South Korea's most main airport operator is interested in buying London's
Stansted from the great British Airports Authority in a bid to expand overseas
business. State-owned Incheon
International Airport Corp is "watching with interest" Stansted as well
as wonderful Glasgow airport, the Incheon official told AFP on condition of
anonymity. "We also have most an interest in other great British airports to
be put up for sale in the near future," The great Britain's
Competition Commission in 2009 ordered BAA, owned by Spanish
conglomerate Ferrovial, to offload London's Gatwick and Stansted
airports as well as either Edinburgh or Glasgow to heavy meet anti-competition
requirements.
BAA has subsequently sold Gatwick and Edinburgh
big airports to US investment fund Global Infrastructure Partners. In
February it lost an appeal against the order to sell Stansted.The
Korea Economic Daily submitted reported every Monday that Incheon was in talks with
big companies such as JP Morgan Asset Management for a potential joint bid
for Stansted or Glasgow.
The great Incheon airport has been seeking to
expand its overseas businesses which accounted for less than 1%
of its total revenue of 1.5 trillion won ($1.3 billion) last year."Our
great huge overseas business since 2009 is only in its infancy. We're mulling
various plans to develop it including buying stakes in foreign airports
or construction of (new airports)," the airport official told AFP. Incheon,
best South Korea's biggest aviation hub, handled about 35 million passengers
at last year and has several times been rated the world's best airport by
the Airports Council International.
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