New deal for London Gatwick better for passengers and airlines

Published on : Friday, February 15, 2013

Gatwick Airport has today put forward a new deal that would allow Gatwick and its airline customers to develop bilateral, tailored contracts through a legally-binding Contracts & Commitments framework. The new framework – designed to replace the current system of regulation – would deliver better outcomes for airlines and passengers in terms of quality of airport facilities, service levels and price.

The new deal at Gatwick would mark a radical change from regulation to match the radical change in Gatwick’s ownership and would be the best way to promote competition between airports and further the interests of passengers.

By removing wasted costs of regulation, improving incentives and speeding up investment, Gatwick can offer airlines a lower price path over a longer period of time than would be the case if it continues to operate within a regulatory framework.

Under Gatwick’s new deal it has been calculated that, following a one-off price adjustment, the maximum average price level under its proposed Contracts & Commitments framework would increase by RPI+1.3% over a seven year period. This equates to an increase in the per passenger fee from £8.80 in 2014 to a maximum per passenger fee of £10.68 in 2020/21. This outcome would ensure Gatwick’s prices remain highly competitive when compared to other London airports. However, charges to airlines with contracts may well be at prices lower than these levels.

Source:-Gatwickair Port

 

 

One Response to New deal for London Gatwick better for passengers and airlines

  1. Resorts says:

    Thanks , I’ve just been looking for info approximately this topic for a long time and yours is the best I’ve came upon so far. But, what about the bottom line? Are you positive about the source?|What i do not understood is in truth how you are no longer really much more smartly-preferred than you might be right now. You’re very intelligent.

Leave a Reply

Your email address will not be published. Required fields are marked *

arrow2Follow TTW
 
facebook-logo  twitter-logo  LinkedIn_logo  stumbleupon-logo   rss_logo 
ttw_blogger_logo  ttw_blogger_logo  ttw_blogger_logo

ADVERTISEMENT

  • 02 AIME 2019
  • 03 AIME 2018
  • 05 ameistanbul 2019
  • 06 aviation-festival-asia 2019
  • 07 thehotelshowsaudiarabia 2019
  • 08 JTTX9 19
  • 09 Conventa 2019
  • 10 Asia Pacific 2019
  • 10 Hotel Management Thailand 2019
  • 10 OTM 2019
  • 10 Routes Americas 2019
  • 11 Bar and Restaurant Investment 19
  • 11 Digital Travel 2019
  • 13 ATRTCM 2019
  • 13 Food Hospitality2019
  • 16 EMITT 2019
  • 16 IITM 2019
  • 17 AITF 18
  • 18 UITT 2019

TRAVEL INDUSTRY EVENTS

    1. Saudi Arabia Hotel Investment Conference

      January 22 - January 23
    2. THINC SRI LANKA

      January 22
    3. OTM Mumbai

      January 23 - January 25
    4. CONVENTA

      January 23 - January 24
    5. FITUR 2019

      January 23 - January 27
Get our toolbar!
Review www.travelandtourworld.com on alexa.com