Heathrow defends ‘disproportionate’ fee hikes

Monday, 12 May, 2022 0

Heathrow Airport bosses have defended the reputed £5 billion windfall expected from its proposed inflation-busting airport fee hikes.

Airlines slammed Heathrow for price gouging, giving it ‘at least £5 billion more than needed.’

The WPI Economics report, commissioned by airlines, claims it over-estimates future operating costs and under-estimates commercial revenue by hundreds of millions.

The hike is ‘disproportionate ’and ‘puts shareholders above consumers and the economy’ the report says.

The report was commissioned by BA, Virgin Atlantic and IATA.

“The Government must act to ensure that its global Britain and levelling up agendas are not jeopardised by an unjustified regulatory decision.”

Heathrow responded by calling the report ‘so flawed it is embarrassing.’

“Airlines appear less interested in giving passengers a reliable journey and more interested in protecting their own profits,” a Heathrow spokesman said.

Shai Weiss, CEO, Virgin Atlantic said: “Already the most expensive airport in Europe, Heathrow is abusing its monopoly position to fleece passengers.”

It is a ‘desperate attempt to downplaying the recovery of travel, to justify a massive increase in charges.’

“The CAA must step up to fulfil its primary duty to consumers, by regulating a monopoly.”

The CAA is expected to publish its final proposals for the price control on overall airport charges next month.



 

profileimage

Ray Monty



Most Read

Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know

Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham

Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago

Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research

Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact

Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference

Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role

Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal

Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination

Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness

Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future

Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
TRAINING & COMPETITION
Skip to toolbar
Clearing CSS/JS assets' cache... Please wait until this notice disappears...
Updating... Please wait...