Competition Commission investigation into supply of airport services by BAA – responseSeptember 20, 2008
The Competition Commission has today published its provisional findings of its investigation into the market for the supply of airport services by BAA.
Responding to the Commission’s report, Baroness Jo Valentine, Chief Executive of London First, said:
“The Competition Commission’s provisional findings today highlight one point loud and clear: passengers are being left at the back of a very long queue when it comes to interests served.
“Whatever options the Commission finally proposes, Heathrow will still be subject to the same out-dated regulation that has failed the passenger first time round. Introducing greater competition through selling off Gatwick or Stansted won’t necessarily solve that conundrum – Heathrow will still be running to stand still, with too much demand for the airport to satisfy, and operating at 99% capacity.
“Heathrow regulation needs a complete overhaul. Then and only then will better customer service mean putting the passenger interest first.”
Notes to Editors
1. London First is a business membership organisation whose mission is to make London the best city in the world in which to do business. London First undertakes this by mobilising the experience, expertise and enthusiasm of the private sector to develop practical solutions to the challenges facing London. London First also seeks to persuade central and London government to make the investments that London needs in its infrastructure
2. London First delivers its activities with the support of the capital’s major businesses in key sectors such as finance, professional services, property, ICT, creative industries, hospitality and retail. Membership also includes all of London’s universities as well as further education colleges and NHS hospital trusts. London First members represent over a quarter of London’s GDP.