Ryanair launches attack on Regulator

Michael Cawley, Ryanair's Deputy CEO launched an attack on Aviation Regulator Cathal Guiomard today calling for the breakup of the Commission for Aviation Regulation.

Speaking at the annual conference of the Independent Broadcasters of Ireland on the theme 'Thriving as an independent in a regulated environment", Mr. Cawley said that the recent refusal by Cathal Guiomard, to correct his error ridden decision on airport charges, despite the scathing criticism of a government appointed, independent, Appeals Panel,“patently demonstrates the level of regulatory arrogance which has been allowed to fester in Ireland for too long. The result of this “Nearyesque” (referring to the former Financial Regulator)style of regulation has been a serious fall in passenger numbers at Dublin of over 400,000 since October 2008 and Ryanair, Dublin Airport’s biggest customer, being forced to withdraw 4 aircraft this summer (resulting in a further loss of almost 2 million passengers in 09/10). In light of such continued regulatory failures Irish industry, enterprise and taxpayers will once again be left to count the high cost of yet another useless regulator”