The sale of London Gatwick by UK airport operator BAA is up in the air after the last remaining bidder refused to budge from its original £1.4 billion ($2.29 billion) offer. BAA parent Ferrovial reportedly wanted £1.5 billion, but a consortium led by Manchester Airports Group and Canadian infrastructure fund Borealis declined to increase its bid, according to press reports. "We still have multiple bidders in the process," BAA spokesperson Damon Hunt told ATW's Airports Today. "We are ...

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