Wednesday, April 9, 2008

No need for BAA humbug

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Planes queue for take off at London's Heathrow airport. Photograph: Odd Andersen/AFP/Getty

It would be nice to feel righteous anger about another strategic British asset falling into the hands of a foreigner, but airport operator BAA stands a good chance to prosper under Ferrovial, writes Terry Macalister.

Yes, we all know the Spanish government has been fighting tooth and nail to prevent its own energy companies falling victim to takeovers from abroad, but that's their issue not ours.

No-one raised a murmur about P&O sea port terminals being controlled from Abu Dhabi - even though it has sent the Americans into delirium - so why should it matter if a fellow European firm looks after our airports?

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