by Helen Young March 20th, 2009
www.baa.com
The airports located in the UK are set for a huge shake up. The Competition Commission has confirmed that the British Airports Authority must sell three of their airports. Among the airports that must be sold will be Gatwick and Stansted airports. On top of that, the British Airports Authority must also sell either Glasgow or Edinburgh airport.
This decision has been a long time coming, and the Competition Commission says that it needs to be done to improve flying experiences, as well as to break up the monopoly over Britain’s most used airports. The decision came after the completion of a two year study done on the airports, which showed that selling just one of the London airports would not have a big enough affect to break up the monopoly.
Although the British Airports Authority is unhappy with the choice made by the Competition Commission, many passengers, as well as other airlines are welcoming the big change. The chief executive of easyJet said that they have given regulatory demonstration back to an industry that has seen it sorely lacking in the past few years. He also feels that the break up of the British Airports Authority was an inevitable outcome.
It’s too early for other airlines to be happy just yet. The British Airports Authority still has the option to appeal the ruling. The chief executive has made note that the British Airports Authority would come up with a decision in the next two months on weather they would like to appeal or not. He also made note that it’s not a question on whether the British Airports Authority agrees with the Competition Commission, but whether it’s practical to proceed with this extraordinarily tough condition of having to sell three airports.
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