BAA Identity Dropped

The initials BAA disappeared from the UK airport scene on October 15.  From that date the facilities previously run under the BAA banner – London Heathrow, Glasgow, Aberdeen and Southampton – will each use their own stand-alone brands.  Consequently BAA (SP) Limited has changed its name to Heathrow (SP) Limited and BAA Funding Limited has changed its name to Heathrow Funding Limited.  London Stansted has not been included, since it is up for sale.
Heathrow’s CEO Colin Matthews, said: “We are a different company today from when BAA was formed.  Over the last few years we have sold our stakes in Gatwick, Edinburgh, Budapest and Naples airports and we are in the process of selling Stansted Airport.  The BAA name no longer fits.  We do not represent all British airports; we are not a public authority; and practically speaking the company is no longer a group, as Heathrow will account for more than 95% of the business.
“Dropping the BAA name marks a symbolic break with the company of the past.  I want Heathrow’s focus to be on its customers, to continue to improve its operational performance and to carry on investing billions of pounds in new passenger facilities.”
Aberdeen Airport MD Derek Provan, said: “This is the formalisation of a process that has been happening for a number of months.  As a company there has been a noticeable departure from using the BAA brand, and we have focused on the name that our passengers recognise, ‘Aberdeen Airport’.
The title BAA plc was adopted when the former publically-owned British Airports Authority was privatised in 1986.  The current parent owned is FGP TopCo Limited, an international consortium led by Spanish firm Ferrovial.