Ferroval snubs Ryanair’s bid for Stansted airport
Stansted airport’s owner has told Ryanair that it will not accept the carrier’s bid for the north London gateway.
Airport news for Stansted,Finance on 11/10/2012.
Stansted airport’s owner has told budget carrier Ryanair that it will not accept the carrier’s bid for the north London gateway.
Reports said on Wednesday that officials from Spain-based Ferroval, which owns Stansted operator the British Airports Authority, said to bosses of the Irish airline that it will not consider a Ryanair offer in the upcoming sale of the facility.
Dublin-based Ryanair is by far the largest carrier operating at low-cost-focused Stansted, as some 70 per cent of all traffic are Ryanair-coded flights. The airline has long shown interest in taking a major share in the airport whilst the BAA had continued to resist 2009 regulatory orders to sell it off.
Ryanair communications head Stephen McNamara told reporters that his company was regretful of Ferroval’s decision to exclude the airline from the bidding process as well as of UK regulator’s failure to act on the matter, noting that it was “anti-consumer”.
Mr McNamara went on to say that the BAA/Ferroval “monopoly” had caused major damage to the airport and all carriers operating there and added that the airport’s traffic has declined by some 25 per cent over the last five years despite major growth at several other London area airports.
Meanwhile, BAA officials have declined to comment on the matter.
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