Ryanair has clarified that it is considering taking a stake in London’s Stansted Airport but is not actively pursuing a purchase.

UK airport operator BAA is to give up its long legal battle over the forced sale of Stansted Airport.

Ryanair has cancelled all flights to and from Glasgow Prestwick and Edinburgh Airports for the rest of the day following a direction from the Irish Aviation Authority.

A decision that could force airport operator BAA to comply with an order to sell three of its airports was restored by the Court of Appeal in the UK today.

The Spanish-led consortium hoping to land BAA today revealed it had no plans to sell off any of its target’s seven UK airports if it won control.