Essex business leaders have said they are disappointed that BAA has been instructed to sell Stansted, fearing the impact it might have on the county economy.
David Burch, Director of Policy at Essex Chambers of Commerce, said it was important the right buyer for the airport.
We are disappointed that BAA have been instructed to sell Stansted. The airport is extremely important to the economy of not just Essex but the whole of the UK, as was seen during the recent Olympic Games, and is also a major source of direct and indirect employment.
We have worked closely with BAA in the past and look forward to working with whoever takes it over to help build on its considerable successes to date. It is important that the right buyer is found to do that and we wait with interest to see who comes forward.
Passengers numbers at Stansted airport in Essex have fallen by 600,000 to 13.5 million in the first nine months of 2012.
BAA has decided to end its legal fight against the forced sale of Stansted.
Airport operator BAA has lost its latest challenge against a decision forcing it to sell Stansted Airport in Essex.