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.
Stansted now 'unshackled as Heathrow's poor relation'
Travel journalist Simon Calder says it good news that Stansted airport has a new owner. He said: "At last they are unshackled from Heathrow where they have been something of a poor relation."
Mr Calder says Stansted will now be able to compete more effectively with Heathrow and particularly Gatwick.
Stansted has been bought by M.A.G. which owns Manchester airport.
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