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To be purchased by MAG for £1.5billion according to BBC.
Stansted Airport being sold to Manchester for £1.5bn
Stansted Airport being sold to Manchester for £1.5bn
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STN's appeal against its local authority's rejection of its planning application is now under way. Full details can be found in the linked newspaper report at the end of this post but this is a precis of the history of the application and the current status of the appeal.
Stansted Airport is to appeal its local authority's decision to reject its expansion planning application last January. The expansion would enable the airport to handle 43 mppa, an increase from the current 35 mppa cap.
The appeal has been made to the national Planning Inspectorate.
The appeal enquiry is scheduled to last until April but because SSE is submitting written evidence rather than witnesses who can be cross-examined it's expected to end earlier.Sounds promising. Any idea when any kind of final decision will be made?
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