It is about time that BAA realised that it is an unwanted, unloved and irrelevant outfit. IMHO the word customer is never mentioned in any sort of mangement meeting there. Monopoly exploitation is probably the only agenda item. That is why the Competition Commission and endless court rulings have gone against them.
I spent years negotiating with their senior managers trying to get a better deal for my airlines. The only boss there who ever listened was Sir John Egan and he was sceptical.
I cannot even begin to imagine why Ferrovial thought that buying BAA was a startegic investment. That they will have to take a masive loss is inevitable. But at the end of it STN will be a far better place and I personally expect that when RYR makes peace with the new owners they will base at least 40 more aircraft there. It would thus be likely to be the largest base of any short haul aircraft fleet in Europe.