Retail news
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Gatwick to receive makeover from new owners
- Posted:
- 04 December 2009 09:24
The new owner of Gatwick Airport, Global Infrastructure Partners, has said that it plans to improve passengers' experience of the airport, including a reduction of queuing times. GIP already owns London City Airport and bought West Sussex-based Gatwick from BAA in a £1.51 billion deal, which officially completed today. Michael ...read more
Retail Trust "Search for a Star" auditions begin
- Posted:
- 05 November 2009 09:48
Retail Trust held its first live "Search for a Star" auditions last weekend at Xscape Milton Keynes and Brighton Marina.The Retail Trust Search For A Star is a campaign to find the most popular acts in retail, looking for singers, dancers, comedians and other variety acts.On Saturday 31st October celebrity ...read more
BAA loses on Gatwick deal
- Posted:
- 28 October 2009 09:30
The sale of Gatwick and falling passenger numbers has hit profits at BAA, the airports operator said today. The company announced a pre-tax loss of £784.7 million in the first nine months of the year, compared with a £519 million loss a year ago. BAA sold Gatwick to Global Infrastructure ...read more
BAA reports loss as air travel declines
- Posted:
- 30 July 2009 09:38
BAA, the owner of Heathrow, Gatwick and Stansted airports, has slumped to a £545.7 million loss in the first half of 2009 as passengers desert the skies.Passenger numbers fell by 7.4% year-on-year to 55.2 million in the six months to June 30th although at Heathrow, passenger number fell by just ...read more
Ryanair delivers profit warning
- Posted:
- 28 July 2009 09:31
Ryanair has warned that its aggressive price war will result in lower-than-expected profits this year. The airline now expects full year profits to be at the lower end of the Eu200 million to Eu300 million forecast previously given.Ryanair said that it had cut fares by an average of 13% during ...read more
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