Jim Mason
2006-12-12 16:30:11 UTC
News Release
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12.12.06
RYANAIR WELCOMES OFT DECISION TO REFER BAA AIRPORT MONOPOLY TO THE
COMPETITION COMMISSION AND CALLS FOR BREAK-UP OF THE BAA MONOPOLY
Ryanair Europe’s largest low fares airline this morning (Tuesday, 12th
December 2006) welcomed the pro-consumer decision by the OFT to refer the
BAA airport monopoly to the Competition Commission, and called on the
Competition Commission to recommend the break-up of the BAA monopoly, which
has led to high prices and abject services at London’s three main airports,
Heathrow, Gatwick and Stansted.
Welcoming this morning’s decision, Ryanair’s Chief Executive, Michael
O’Leary, said:
“Ryanair has long called for a break-up of the BAA monopoly. Heathrow is
a shambles, which most passengers if they could, would avoid at all costs.
Equally, Stansted where we operate is an over-specified, gold plated Taj
Mahal. The present ineffective regulatory regime operated by the CAA
encourages the BAA monopoly to waste £4bn. building a second runway and
terminal at Stansted, when these facilities could easily be built for less
than one quarter of this figure.
“The competition between Liverpool and Manchester airports has led to
reduced charges and improved services for passengers. Equally, in
Scotland, the competition between Glasgow Prestwick and Glasgow Paisley has
led to lower charges and choice for consumers.
“Competition works. It leads to more choice and better services for
consumers. We again call for the break up of the BAA monopoly.
Heathrow, Gatwick and Stansted should be spun out into separately owned,
independent, competing airports, where the market and airport users will
have more influence over the type of low cost, efficient facilities that
are provided, and so we finally do away with the era of gold plated Taj
Mahal palaces and high prices favoured by the BAA monopoly”.
---------------------------------------------------------------------------
-----
12.12.06
RYANAIR WELCOMES OFT DECISION TO REFER BAA AIRPORT MONOPOLY TO THE
COMPETITION COMMISSION AND CALLS FOR BREAK-UP OF THE BAA MONOPOLY
Ryanair Europe’s largest low fares airline this morning (Tuesday, 12th
December 2006) welcomed the pro-consumer decision by the OFT to refer the
BAA airport monopoly to the Competition Commission, and called on the
Competition Commission to recommend the break-up of the BAA monopoly, which
has led to high prices and abject services at London’s three main airports,
Heathrow, Gatwick and Stansted.
Welcoming this morning’s decision, Ryanair’s Chief Executive, Michael
O’Leary, said:
“Ryanair has long called for a break-up of the BAA monopoly. Heathrow is
a shambles, which most passengers if they could, would avoid at all costs.
Equally, Stansted where we operate is an over-specified, gold plated Taj
Mahal. The present ineffective regulatory regime operated by the CAA
encourages the BAA monopoly to waste £4bn. building a second runway and
terminal at Stansted, when these facilities could easily be built for less
than one quarter of this figure.
“The competition between Liverpool and Manchester airports has led to
reduced charges and improved services for passengers. Equally, in
Scotland, the competition between Glasgow Prestwick and Glasgow Paisley has
led to lower charges and choice for consumers.
“Competition works. It leads to more choice and better services for
consumers. We again call for the break up of the BAA monopoly.
Heathrow, Gatwick and Stansted should be spun out into separately owned,
independent, competing airports, where the market and airport users will
have more influence over the type of low cost, efficient facilities that
are provided, and so we finally do away with the era of gold plated Taj
Mahal palaces and high prices favoured by the BAA monopoly”.
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