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This excerpt taken from the RYAAY 6-K filed Mar 19, 2009. Ryanair's Director of Legal & Regulatory
Affairs, Jim Callaghan, said:
"Ryanair welcomes the Competition Commission's
final report and fully endorses its findings including its justified criticism of
the CAA regulatory regime which has repeatedly failed passengers and airlines for
so many years. The BAA Monopoly has long ignored the needs of its
airline users and the travelling public and provided inefficient, gold plated and
overly expensive facilities, encouraged by an ineffectual and incompetent
regulator, the CAA.
"Monopolies don't work. The BAA monopoly
has done enormous damage to competition and the travelling public and Ryanair
welcomes the CC's recommendation to break-up the
BAA
Airport
Monopoly. Competition in the airline
industry has delivered huge benefits for consumers and this will now be replicated
at the three main
London
airports. Ryanair looks forward to
working with the new owner of Stansted and we call on the Competition Commission to
ensure the early sale of both Gatwick and
Stansted
Airports
.
"
We once again call on failed regulator Harry Bush
to resign as the CC report once again highlights his abject failure to effectively
regulate the out of control and abusive BAA Monopoly. Regulatory failure such
as his warrants and deserves the sack as his regulatory incompetence has led to
higher costs and abject services for the travelling public, which has directly led
to the collapse of passenger numbers at the
BAA airports over the past year
"
.
Ends.
Thursday, 19
th
March, 2009
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