§ 10. Mr. Robert Atkinsasked the Minister for Trade what discussions he has had with the chairman of the British Airports Authority concerning that authority's future financial structure.
§ Mr. SproatI meet the chairman of the British Airports Authority regularly to discuss all aspects of its activities and I expect to see him again early next week.
§ Mr. AtkinsDoes my hon. Friend agree that the BAA has nothing to fear—indeed, quite the reverse—from an injection of private capital and privatisation? Will he tell the chairman how much he agrees with me and many of my hon. Friends that that should come about sooner rather than later?
§ Mr. SproatThe Government always have an open and sympathetic mind to privatisation. But the BAA is the subject of litigation by international airlines, at the heart of which is its ability to fix its charges. We are, therefore, restrained from going ahead as we cannot yet set out a prospectus when so much depends on its ability to fix the charges.
§ Mr. ColvinMay I ask my hon. Friend not to close his mind to the full-blooded privatisation of the BAA, and in particular the three London airports, nor the semi-privatisation and perhaps municipalisation of the regional airports under its control in Scotland?
§ Mr. SproatWe are completely open-minded about that most important matter.