What does BAA stand for?

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s__i

It used to stand for British Airport Authority but now is the name of the BAA plc, the company that owns and runs Britain's major airports.

Hope that helps, Merry Christmas!

mallimalar_2000

(m)

BAA plc, formerly the British Airports Authority

Paul N

British Airports Authority

Jennifer W

British Airports Authority

Vigorous

The British Airports Authority was established by the passing of the Airport Authority Act 1966, to take responsibility for four state-owned airports - London Heathrow Airport, London Gatwick Airport, Stansted Airport and Prestwick International Airport. In the next few years, the authority acquired responsibility for Glasgow International Airport and Edinburgh Airport.

As part of Margaret Thatcher's moves to privatise government owned assets, the Airports Act (1986) was passed which mandated the creation of BAA plc as a vehicle by which stock market funds could be raised; the initial capitalisation of BAA plc was ВЈ1,225 million. In the early 1990s, the company sold off Prestwick. More recently it has expanded into international operations, including retail contracts at Boston Logan International Airport and Baltimore-Washington International Thurgood Marshall Airport (through subsidiary BAA USA, Inc.), and a total management contract with the City of Indianapolis to run entirely the Indianapolis International Airport (as BAA Indianapolis, Inc.).

In December 2005, BAA made a winning bid of ВЈ1.2 billion for a 75% stake in Ferihegy, the largest airport in Hungary, which was being privatised by the Hungarian government

In July 2006, BAA was taken over by a consortium led by Grupo Ferrovial, following a bid which valued the company at ВЈ10.1 billion. As a result, the company was delisted from the London Stock Exchange (where it has previously been part of the FTSE100 index) on 15 August 2006.

Although the company is adamant that its name is strictly "BAA plc" and that the letters do not officially stand for anything, it is still widely (albeit erroneously) referred to as the "British Airports Authority" by both the media and the public - even though the Authority officially ceased to exist following the 1986 privatisation.

eifionrefail

It used to be British Airports Authority then it changed to BAA,the company was recently bought by a Spanish company Ferrovial but dropped out of the FTSE 100.Shareholders made a packet out of selling their shares.

half pint

I think baa stands for British Airport Authority,

brian g

British Airports Authority

Arkle

British Airports Authority, they run 3 of Londons Airports (Heathrow, Gatwick and Standstead),Edinburgh and Southampton and more, also have some holdings in Airports outside of UK. Most of the smaller airports are run by seperate companies, smaller consortiums or even city/town councils e.g. Dundee Riverside Airport.

doyle_darrell

Its the sound a sheep makes when your giving it pleasure

roxy

This actually stands for :

British
Airports
Authority

Merry Christmas

kchick8080

British Airport Authority

Interestingly there are other companies/organisations which use BAA:
British Astronomical Association
Boston Athletic Association
British Academy of Audiology

Nicolette

BAA = British Airport Authority, even on a merry Christmas Day.

cliffhanger

British airport authority

whitenight639

british airport authority

faraday_4ever

It stands for British Aiport Authority.
BAA is the worldвЂ™s leading airport company. But this barely begins to describe the work they do. They own seven UK airports and have management contracts at a number of international airports.