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Ryanair has threatened to launch judicial review proceedings into the latest price increases at Stansted Airport and withhold price increases until the outcome of the review. The airline has written to BAA Stansted objecting to what it sees as a completely unjustified increase that, in addition to last April’s price increase, amounts to a massive 107% hike in passenger charges – 35 times the current rate of inflation! Speaking of the price increases, Ryanair’s Michael O’Leary said: “These latest unjustified price hikes by the BAA airport monopoly prove that it is abusing its monopoly power over passengers and airlines at Stansted. They also prove that the CAA is an incompetent and incapable regulator which has yet again put the financial needs of the Spanish owned BAA airport operator above the interests of airport users and consumers which it is obliged by law to protect. “There is no obligation on the BAA monopoly to increase its prices up to the maximum permitted cap, yet it continues to do so despite the fact that it already benefits from traffic figures which are way ahead of forecast at Stansted, and Capex spending that is way behind budget. Yet again, passengers at Stansted are being forced to pay significantly higher airport charges for the dubious pleasure of being stuck in long security queues, never ending passport queues and repeated baggage belt failures at Stansted airport. “T5 doesn’t work, Stansted Airport doesn’t work, the BAA airport monopoly doesn’t work in the interests of consumers, and it’s now time that the Competition Commission and the British Government broke up this foreign owned, failed, anti consumer monopoly, and got rid of the incompetent, ineffective CAA regulatorâ€. To check Stansted airport parking prices and book Stansted airport parking and Stansted airport hotels click on the links. Post a comment
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