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- Posted:Wednesday, October 13, 2010
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Cheap Edinburgh hostels: 'Ryanair welcomes decision to break up BAA monopoly'
This could be great news for those looking to book up cheap Edinburgh hostels, as the decision, which was first filed in by the Competition Commission in March 2009, could see the sale of Glasgow airport being pushed through.
BAA's airport monopoly first came under scrutiny by the Competition Commission, who felt that it was in the better interests of both consumers and competition to break up its domination.
Arguments made in the process of the enquiry include the assertion that this level of ownership was "adversely affecting competition" in a range of airports, including Glasgow, Edinburgh and Stansted – the latter of which could be sold now as well.
Ryanair has now called for the sale of both airports to be pushed through as quickly as possible, so that lower costs and lower fares can be offered to passengers, including those who may be snapping up a cheap Edinburgh hostel.
Michael O'Leary, the chief executive officer at the budget airliner, has praised the break-up of a monopoly he believes has adversely affected the UK airport industry over the past few years for the worse, as well as hoping that BAA accepts this decision.
"We hope that Ferrovial, the Spanish owners of the BAA airport monopoly, will now accept this Court of Appeal ruling and move quickly to sell Stansted and Glasgow airports so that more competition and a better deal for consumers can be ushered in as soon as possible," he said.
The Competition Commission has explained that it now intends to apply its original measures to benefit "the travelling public", in association with BAA.
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