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BAA loses Stansted appeal
February 2nd, 2012 by elisa

BAA has lost its appeal against the ruling that it must sell Stansted. The first ruling was made four years ago by the Competition Commission, which ordered the airports operator to sell Gatwick, Stansted and Edinburgh.

So far, BAA has sold Gatwick and is in the process of selling Edinburgh, but lodged the appeal to argue that Stansted did not serve the same market as Heathrow (which it also owns), therefore it was not anti-competitive to operate both. However, the Competition Appeal Tribunal rejected BAA’s argument.

Ryanair, which was in favour of the ruling, said that BAA had doubled passenger charges since the first ruling, and as a result, reduced passenger numbers from 24m to 18m during that time.

Ryanair’s head of communications Stephen McNamara said: “During this four year period Ferrovial (BAA’s parent) and BAA Stansted have doubled passenger charges, slashed traffic and have now announced that BAA will pay a divided of €240m to Ferrovial and its other shareholders in 2012.

“Ferrovial and the other owners of Stansted are unfairly enriching themselves at the expense of UK passengers/visitors who are suffering higher charges and third-rate service at Stansted while the CAA’s “inadequate” regulatory regime does nothing to protect airport users.”

BAA said it would consider the ruling carefully before making any official comment.

 


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