BAA - Early incentive deadline voting
BAA announces that it has now received the results of votes cast by bondholders. The results of the 1564 votes cast indicate overwhelming market support for the proposals.
30 July 2008
Continued progress on the refinancing
Further to our press release on 14 July 2008 and conference call with bondholders on 15 July 2008, BAA announces that it has now received approval from the required majority of lenders to the £2 billion subordinated loan facility for a number of technical amendments...
28 July 2008
BAA announces further progress in refinancing
BAA today announces that it has made further significant progress in its refinancing through the launch of Proposals relating to the migration of existing bondholders into an investment grade...
14 July 2008
June traffic figures
BAA’s UK airports have handled a total of 70.4 million passengers this year to date...
09 July 2008
May traffic figures
BAA’s UK airports handled a total 12.7 million passengers in May, a drop of 0.5% on the same month last year...
11 June 2008
Beginning of consultations with ABI Special Committee
BAA is today beginning consultations about the migration of its non-convertible existing bonds with a Special Committee of leading BAA bondholders convened with the assistance of the Association of British Insurers (ABI) as part of the
implementation of its permanent financing structure...
03 June 2008
BAA Limited - Re-financing update
BAA today announces that nine banks have agreed in principle to provide a backstop facility of £7.65bn to be used in connection with the establishment of a permanent financing structure by BAA...
02 June 2008
April traffic figures
BAA’s UK airports handled 11.8 million passengers in April, a drop of 3.0% on April 2007...
14 May 2008
Initiation of ABI holder enquiry
As previously stated, BAA intends to effect a refinancing by which it will implement a financial structure consistent with those successfully employed by other UK regulated businesses...
08 May 2008
March traffic figures
BAA’s UK airports handled a total of 12 million passengers in March, an increase of 1.2% on the same month...
09 April 2008
BAA responds to CAA price review
Following the CAA Price Review announced today, BAA remains committed to transforming Britain’s airports, and will spend £4.8bn in the next five years doing so...
11 March 2008
February traffic figures
BAA Group airports in the UK handled 10.2 million passengers in February, an increase of 3.5% on the same month last year...
11 March 2008
January traffic figures
BAA’s UK airports handled a total of 10.1 million passengers in January, a decrease of 2.0% on the same month last year.
13 February 2008
December traffic figures
BAA’s UK airports handled a total of 10.9 million passengers in December, an increase of 0.7% on the same month last year...
09 January 2008
BAA travel advice to passengers - cabin baggage
BAA has today urged passengers to double-check airline baggage policies before travelling to its airports once new Government baggage rules come into effect on Monday 7 January...
04 January 2008