Malaysia Airports considers bid for London Stansted

Singapore
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Malaysia Airports Holdings Berhad (MAHB) could soon throw in a bid for London Stansted.

Talks were initiated about a week ago and the airport operator is now exploring the possibility of taking a stake in the airport, says an MAHB official.

He declined to give further details, saying that talks are still in the preliminary stages.

Media reports in London say that MAHB has "made an approach" for Stansted airport. It is understood that there are already four bidders for the airport, but that its owner Heathrow Ltd, formerly known as BAA, is seeking out new bidders to boost the selling price.

The UK's Competition Commission had in 2011 ruled that Heathrow Ltd must sell Stansted and either Glasgow or Edinburgh airport because of the need for competition between airports in southeast UK. BAA's appeal was later dismissed by the UK Competition Appeal Tribunal.

MAHB operates Malaysia's main gateway Kuala Lumpur International Airport and 38 other airports in the country.