Heathrow Airport Holdings

Heathrow Airport Holdings Ltd.

Company type	Private
Industry	Transport
Founded	13 December 1985; 38 years ago (1985-12-13) (as BAA plc)
Headquarters	The Compass Centre Nelson Road Hounslow TW6 2GW
Key people	Thomas Woldbye (CEO) Lord Deighton[citation needed] (Chairman)
Products	Airport operations and services
Revenue	£2,765 million (2015)[1]
Operating income	£223 million (2015)[1]
Net income	£169 million (2015)[1]
Owner	FGP Topco Limited
Number of employees	6,500 approx. (2016)
Subsidiaries	Heathrow Airport
Website	www.heathrow.com/company

Heathrow Airport Holdings is the United Kingdom-based operator of Heathrow Airport. The company also operated Gatwick Airport, Stansted Airport, Edinburgh Airport and several other UK airports, but was forced by the Competition Commission to sell them in order to break up a monopoly. It was formed by the privatisation of the British Airports Authority as BAA plc^[2] as part of Margaret Thatcher's moves to privatise government-owned assets, and was once a constituent of the FTSE 100 Index.

BAA plc was bought in 2006 by a consortium led by Ferrovial, a Spanish firm specialising in the design, construction, financing, operation and maintenance of transport, urban and services infrastructure. In March 2009, the company was required to sell Gatwick and Stansted airports, and over the following years sold all its airports other than Heathrow. The company was renamed Heathrow Airport Holdings in 2012 to reflect its main business.

The company's head office is in the Compass Centre, on the grounds of Heathrow Airport in the London Borough of Hillingdon. The company makes money from charging landing fees and departing passenger levies to airlines, and from ancillary operations within those airports such as retail, car parking and property.