easyJet raise Gatwick monopoly concerns
22.10.09
easyJet said yesterday that Gatwick needs ‘proper’ regulation, despite the announcement that it had been sold by BAA to London City Airport owner Global Infrastructure Partners (GIP) for £1.51 billion. Gatwick’s largest airline, with 9.6 million passengers a year and a 28% market share, is concerned about high charges at the airport.
easyJet sought a Judicial Review of a Civil Aviation Authority decision last year to allow a 50% increase in airport charges at Gatwick over a 5 year period. The case is currently before the Court of Appeal and a decision is likely towards the end of the year.
Commenting on the sale of Gatwick to London City Airport owners GIP, easyJet chief executive Andy Harrison said: ‘Regardless of who owns Gatwick, it is still a monopoly. Therefore it is vital that the airport is properly regulated to protect airline passengers from the new owners exploiting their market power.'
‘It is vital that the Government’s review of airport regulation produces a tougher and more effective system than the current discredited one which has contributed so much to the poor sate of London’s airports.’
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