British airport operator Heathrow Airport Holdings (HAH), formerly known as BAA, is planning to sell Glasgow, Aberdeen and Southampton Airports by the end of the year.

Spanish transport infrastructure firm Ferrovial, which currently holds 25% stake in HAH, is planning to secure complete ownership in the business and three airports.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

"The group intends to work towards completing a transaction by the end of the year."

It is anticipated to pay approximately £800m for acquiring HAH’s assets and airports. However, the completion of the proposed sale is not certain.

A spokesperson from BAA said: "Over recent months, group shareholders and management of Heathrow Airport Holdings have been considering their strategic position in relation to our three airports in Aberdeen, Glasgow and Southampton.

"As a result, the group is now formally entering a sale process. Whilst there is currently no certainty that a sale will be concluded, the group intends to work towards completing a transaction by the end of the year."

According to Glasgow Airport, the amount raised by selling the three airports will be invested in Heathrow.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Airport Technology Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Airport Technology Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now