Published: 21/10/2009 00:00 -
Updated: 18/11/2009 09:07
STANSTED'S biggest airline has again called for the Essex hub to be sold, following the conclusion of the deal to dispose of Gatwick.
Ryanair presented its case for the continued break-up of BAA at a Competition Appeal Tribunal yesterday (Wednesday, October 21) as the operator fights to retain Stansted and at least one of its two lowland Scottish airports.
The Irish budget airline's controversial chief executive Michael O'Leary said: ""It is vital for the future of Britain's air transport and tourism industries that the high cost, inefficient BAA monopoly be broken up as recommended by the Competition Commission report. The Competition Commission's extensive investigation has revealed that the airport monopoly has been bad for competition and bad for consumers.
"It also conclusively proved that the CAA is a well meaning, but hopelessly incompetent regulator which has always put the needs of the BAA monopoly above those of airport users.
"The future of British air transport and tourism depends on the growth of low fare air travel to/from the London airports. Regional airports all over the UK are now lowering costs to attract more low fare routes and tourists. The BAA monopoly couldn't care less, because they are rewarded by the CAA regardless of whether traffic rises or falls.
"Over the past year Ryanair has made a written offer to BAA Stansted to double its traffic over the five year period. The BAA monopoly rejected this traffic growth proposal out of hand, because they don't need or want traffic growth. Harry Bush and the other clowns in the CAA will reward BAA Stansted with passenger charge increases as Stansted's traffic declines. Unlike the real world, the BAA monopoly is rewarded with price increases to compensate it for its failure to stimulate growth.
"This is why Ryanair and all other airlines at Stansted are strongly campaigning for the break up of the BAA monopoly, because competition is the only way to ensure that competition and the consumer interest is protected from the damage inflicted by years of the high cost BAA monopoly."
(poll 1246)
Ryanair presented its case for the continued break-up of BAA at a Competition Appeal Tribunal yesterday (Wednesday, October 21) as the operator fights to retain Stansted and at least one of its two lowland Scottish airports.
The Irish budget airline's controversial chief executive Michael O'Leary said: ""It is vital for the future of Britain's air transport and tourism industries that the high cost, inefficient BAA monopoly be broken up as recommended by the Competition Commission report. The Competition Commission's extensive investigation has revealed that the airport monopoly has been bad for competition and bad for consumers.
"It also conclusively proved that the CAA is a well meaning, but hopelessly incompetent regulator which has always put the needs of the BAA monopoly above those of airport users.
"The future of British air transport and tourism depends on the growth of low fare air travel to/from the London airports. Regional airports all over the UK are now lowering costs to attract more low fare routes and tourists. The BAA monopoly couldn't care less, because they are rewarded by the CAA regardless of whether traffic rises or falls.
"Over the past year Ryanair has made a written offer to BAA Stansted to double its traffic over the five year period. The BAA monopoly rejected this traffic growth proposal out of hand, because they don't need or want traffic growth. Harry Bush and the other clowns in the CAA will reward BAA Stansted with passenger charge increases as Stansted's traffic declines. Unlike the real world, the BAA monopoly is rewarded with price increases to compensate it for its failure to stimulate growth.
"This is why Ryanair and all other airlines at Stansted are strongly campaigning for the break up of the BAA monopoly, because competition is the only way to ensure that competition and the consumer interest is protected from the damage inflicted by years of the high cost BAA monopoly."
(poll 1246)
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