Spain's Ferrovial is expected to be ordered to sell a further two of its seven British airports, a move seen by analysts as bad news for the debt-laden infrastructure group, Reuters reported.
Britain's competition regulator said in December it favoured the sale of Edinburgh and London's Stansted airports as well as London Gatwick, which Ferrovial is already trying to offload for up to US$2.78 billion.
The Competition Commission will publish its final report this week, and is not expected to have changed its stance that a break-up will boost competition between airports and benefit passengers, particularly in the London area.
Analysts said the decision would not favour Ferrovial, which bought the seven-airport monopoly BAA for over $14.3 billion at the top of the market in 2006 and had over $31.30 billion of debt at the end of last year.
Gatwick, Britain's second busiest airport, which saw over 34 million passengers last year, has attracted bids from three separate consortia, but is suffering from falling passenger volumes as the recession bites.
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