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# Billion-Dollar Airport Deals
Richard Branson to Buy Gatwick

By Going Like Sixty | Published 2008-09-18 | Eco
Source: Trend Hunter, https://www.trendhunter.com/trends/bodacious-billionaire-richard-branson-wants-to-own-europes-sixth-busiest-ai
References: [luxist](http://www.luxist.com/2008/09/17/branson-and-dubai-royals-in-talks-to-buy-gatwick-airport/) & [telegraph](http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/09/17/bcnbaa117.xml)

Richard Branson, the founder of [Virgin Group](https://www.trendhunter.com/trends/virgin-atlantic-1) ([Virgin Atlantic Airlines](https://www.trendhunter.com/trends/middle-seat-lottery)), is moving to buy London’s Gatwick Airport.

Currently, BAA Ltd. owns Gatwick and [Heathrow](https://www.trendhunter.com/trends/heathrow-airport). The Competition Commission, a government entity, recommended BAA sell Gatwick in order to promote more market competition. Its asking price is $5.4 billion.

Richard Branson can’t swing the deal alone because he is only worth $2.8 billion, so he’s looking to the Saudi royalty to go in on the deal with him.

## Trend Insights (Trend Hunter)

- Score: 3.7/10
- Popularity: 23% | Activity: 79% | Freshness: 8%
- Audience gender: 70% men, 30% women
- Primary generations: Millennial, Gen X
- Top markets: North America, Europe, Asia

## Categories

[Trend Hunter](https://www.trendhunter.com/trends) > [Eco](https://www.trendhunter.com/eco)

## Key Themes

### Why This Trend Is Growing

- **Airport Ownership Changes:** Entrepreneurs could capitalize on airport ownership changes to acquire airport properties and enter the airport industry.
- **Increased Airport Competition:** Companies could capitalize on increased airport competition to offer better services and prices, and to push innovation in the airport industry.
- **New Airport Investment Opportunities:** Investors could capitalize on new airport investment opportunities resulting from airport ownership changes and increasing airport competition.

### Industries Being Reshaped

- **Airport Industry:** Entrepreneurs could enter the airport industry to offer innovative airport services and to acquire airport properties.
- **Investment Industry:** Investors could capitalize on new airport investment opportunities resulting from airport ownership changes and increasing airport competition.
- **Airline Industry:** Airlines could capitalize on increased airport competition to offer better prices and services, and to collaborate with airport entrepreneurs for innovation in the airport industry.

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