The company formerly known as BAA is to sell Stansted airport to the Manchester Airports group for £1.5 billion.
The deal, announced late this evening, will mean that BAA - now known as Heathrow Airport Holdings - will be responsible for just four UK airports compared with its original seven.
The remaining ones are Heathrow, Southampton, Aberdeen and Glasgow.
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Storm Doris has swept into the Anglia region with 80 mph winds leaving a trail of destruction and disruption.
A bid by Southend MP James Duddridge to to unseat the Speaker of the House of Commons seem to have stalled.
Thousands of homes across the Anglia region are without electricity as high winds from Storm Doris bring trees down onto power lines.