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IATA director states privatised French airports abuse monopoly

20-Apr-2010 12:07 PM

IATA Director General, Giovanni Bisignani, stated privatised French airports have tended to abuse their dominant market position, saying excessive charges were one reason the industry has difficulty making a profit (Dow Jones, 19-Apr-2010).

IATA: "It is nearly always a disaster. Airlines pay out nearly 10% of their revenue in user charges to airports and other bodies such as air traffic control organisations. Airports are often able to generate profit margins of up to 60%,” Giovanni Bisignani, Director. Source: Dow Jones, 19-Apr-2010.