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Virgin Atlantic in talks with easyJet to buy Gatwick airport

16 November 2008

Virgin Atlantic, the British airline owned by tycoon Richard Branson, said on Friday that it was in talks about forming a consortium that would bid for London’s second biggest airport, Gatwick.

Analysts have estimated that the sale of Gatwick could fetch up to three billion pounds (3.48 billion euros, 4.42 billion dollars).

Britain’s Spanish-owned airport operator BAA announced in September plans to sell London’s Gatwick hub after regulators called for the offloading of two of its airports on competition grounds.

source: AFP

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