Airport under new ownership

Stansted Airport is under new ownership this morning. It has been sold for £1.5 billion pounds by Heathrow Airports Holdings to Manchester Airports Group. Stansted is London's third busiest airport and handles around 17 million passengers a year.

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New owners at Stansted

The company formerly known as BAA has sold Stansted airport in Essex to the Manchester Airports Group for £1.5 billion.