As usual, in this little aviation world, it matters how you treat people. People enter the industry and float around it all their lives. So treat somebody badly and you will have to pay for it - sooner or later. The folks at Ryanair understand that. So the relationship they had with a certain Stewart Wingate, while perhaps fractious when he was paid by BAA, now might become a whole lot more congenial.
The policy of separating London airports from BAA's monopoly might be working. If Gatwick's new owners are able to bring Ryanair out of Stansted there would be a substantial change in travel around London. Stansted has created its own little industry of transportation from London to get people to the airport. Take Ryanair away from there and the transportation industry dries up a lot. Bring Ryanair into Gatwick and we will have heightened fare wars between easyJet and Ryanair - a wonderful thing for Londoners and visitors. Indeed, only the neighbors will be irritated - but they were that way to start with.
Competition is a wonderful thing. BAA will have to respond to the market. Let's see if it can. Meanwhile Gatwick Airport owner, Global Infrastructure Partners, plans to sell a 12% equity stake in the airport to South Korea’s National Pension Service, for just under £100m.
In other news:
- IAE fumbling?
- AA learns from BA
- Russia news from United Aero
- DoT budget numbers
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