Ryanair condemns BAA's appeal
Ryanair condemned (15-Nov-2010) BAA's decision to appeal the Court of Appeal ruling that the airport owner's London and Scottish airports should be broken up to deliver increased competition and a better deal for consumers. Ryanair claims the appeal will cause further delay to the inevitable break-up of its control over London and Scottish airports and the eventual sale of London Stansted Airport and one of its two Scottish airports. As a result, Ryanair renewed its call for the early sale of Stansted and one Scottish airport, which it claims will pave the way for lower costs, lower fares and will reverse the traffic collapse which Stansted, in particular, had suffered under BAA’s management in recent years. [more]
Ryanair: “Ryanair has fought long and hard for the break-up of the high cost, inefficient BAA airport monopoly. The BAA’s decision to appeal this issue yet again is simply a delay tactic designed to maximise the amount that this greedy airport monopoly can achieve for Stansted and one Scottish airport, both of which will inevitably be sold. Over the past three years, traffic at Stansted Airport has declined from a high of 24 million passengers to just 18 million passengers in 2010. This was entirely due to the BAA’s high and rising prices, and the hopelessly ineffective regulatory regime run by the clueless CAA which was long ago captured by the BAA monopoly. Ryanair urges the Supreme Court to dismiss this appeal application by this ineffectual and damaging airport monopoly so that we can see the early disposal of Stansted and one Scottish airport, which will transform consumer choice, airport competition and will lower air fares for millions of passengers and visitors to London and Scotland,” Michael O’Leary, CEO. Source: Ryanair, 15-Nov-2010.