UK airports operator BAA reported a 2009 loss of £684 million ($1.04 billion), widened from a £201.1 million deficit in 2008, as heavy noncash charges including a £277.3 million loss related to its sale of London Gatwick and £217.8 million related to increased pension deficits offset a slight rise in revenue. "Our financial performance remains resilient, especially at Heathrow, which benefits from its position as the UK's only hub airport, higher retail spending by passengers and strong cost ...

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