Wednesday, October 21, 2009

Ryanair welcomes BAA decision

Ryanair was quick to respond to today's news that the BAA had reached an agreement to sell London's Gatwick Airport for £1.5bn. Reacting to the news the airline tempered it's enthusiasm by saying that it recognized the sale of Gatwick as the first step in the breakup of the BAA monopoly, urging the full recommendations of the UK Competition Commission be implemented whereby Stansted and a Scottish Airport would also be sold.
The carrier also called for the breakup of the DAA (Dublin Airport authority) which owns and manages Dublin, Cork and Shannon Airports, forecasting that Dublin will lose 2m passengers this year with Cork and Shannon losing a combined 1m. Against this backdrop, Ryanair will grow by 9m passengers this year. "Even Aer Lingus is growing traffic in the current recession, while the DAA monopoly is losing millions of passengers and thousands of jobs", it added.
 

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