BAA earnings up after 'robust' year

Airports operator BAA said it delivered a “robust” financial performance in 2010 despite disruption caused by volcanic ash, strikes and snow.

The owner of Heathrow and Stansted airports reported a 9% rise in underlying earnings to £966.9m (€1.1bn) and said losses including one-off items narrowed to £316.6m (€377m) from the £821.9m (€979m) recorded a year earlier.