Economic Regulation of Airports in the UK
| Author | : Peter Scott |
| Publisher | : |
| Total Pages | : 16 |
| Release | : 2004 |
| Genre | : Aeronautics, Commercial |
| ISBN | : 9781857901351 |
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The Economic Regulation of Airports
| Author | : Peter Forsyth |
| Publisher | : Routledge |
| Total Pages | : 346 |
| Release | : 2017-09-29 |
| Genre | : Transportation |
| ISBN | : 1351891162 |
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This tour d'horizon book reviews airport regulation and competition in different regions of the world and contrasts different policy perspectives. Organized in four parts, the first three examine, in turn, Australasia, North America, and Europe, while the last section looks at the institutional reforms that have taken place in these regions. The book covers the regulation of airports, and competition in different regions, as well as privatization policy, the interaction between airports and airlines, and regional economic impacts. It also examines the linkages between governance structures and forms of regulation. The book's global sweep embraces all the large aviation markets, bringing together the ideas and challenges of academic economists, airlines, airport managers, consultants and government regulators. As well as looking at different methods, degrees and paradigms of regulation it also spells out the stress-points, in a way that makes essential reading for airport operators, airline operations staff, as well as academic economists concerned with transport studies. It also offers interesting reading and important lessons for those concerned with regulation of the utility industries such as, telecommunications, water and power generation and distribution - where infrastructure can be subject to natural monopoly characteristics and where firms competing in downstream markets are dependent on the investment and operational strategies of the upstream infrastructure operator.
BAA Ltd
| Author | : Great Britain: Competition Commission |
| Publisher | : The Stationery Office |
| Total Pages | : 386 |
| Release | : 2007-10-16 |
| Genre | : Business & Economics |
| ISBN | : 9780117908963 |
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The Commission's report makes recommendations to the Civil Aviation Authority on the maximum level of airport charges that can be levied at Heathrow and Gatwick airports for the five year period 2008-2013, as well as examining whether either company operated against the public interest in the charges they levied during the period 2002-2007 or through other operational activities. On the basis of the assumptions set out in the report, the Commission recommends i) a maximum opening yield of £10.19 per passenger at Heathrow with charges subsequently increasing at no more than RPI +7.5; and ii) a maximum opening yield of £5.50 per passenger at Gatwick with charges subsequently increasing at no more than RPI -0.5. The recommended levels are significantly below those put forward by BAA, although they are above those proposed by the airlines. The Commission argues that these charges will enable BAA to implement its plans to improve facilities and levels of service at both airports for the benefits of airlines, passengers and other airport users.
Aviation Markets
| Author | : David Starkie |
| Publisher | : Routledge |
| Total Pages | : 245 |
| Release | : 2016-12-05 |
| Genre | : Transportation |
| ISBN | : 1351956299 |
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Aviation Markets: Studies in Competition and Regulatory Reform is a collection of 17 papers selected from David Starkie's extensive writings over the last 25 years. Previously published material has been extensively edited and adapted, and combined with new material, published here for the first time. The book is divided into five sections, each featuring an original overview chapter, to better establish the background and also explain the papers' wider significance including, wherever appropriate, their relevance to current policy issues. These papers have been selected to illustrate a significant theme that has been relatively neglected thus far in both aviation and industrial economics: the role of the market and its interplay with the development of economic policy in the context of a dynamic but partly price regulated industry. The result provides a strong flavour of how market mechanisms, and particularly competition, can operate to successfully resolve policy issues. The book will be of interest to academics and those engaged in the formulation of aviation policy, such as public administrators and consultants, as well as those working in the aviation industry. It is also relevant to economic studies in a more general context, particularly to students and practitioners in industrial organisation economics, including those studying and researching the public utility industries.
Economic Regulation of Urban and Regional Airports
| Author | : Peter Forsyth |
| Publisher | : Springer Nature |
| Total Pages | : 453 |
| Release | : 2023-05-02 |
| Genre | : Business & Economics |
| ISBN | : 3031203410 |
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This book offers new insights into the theory and practice of economic airport regulation. In light of recent developments in aviation markets and policy, and the debate on airport regulation and benchmarking, it offers case studies on various aspects of economic regulation of city and regional airports. Written by experts in the field, the volume features contributions on the theory of regulation and benchmarking, as well as case studies on recent experiences in Europe and Latin America. This book is divided into three parts: Part I provides the theoretical background for the study of airport regulation and regulatory systems. Competition at airports is discussed, as are common forms of regulation and potential pitfalls. Part II addresses benchmarking, as benchmarking is often applied as an input to the regulatory process. Although benchmarking is necessary, reviews of how benchmarking is applied in the literature and in practice show that improvements can be made. Part III provides case studies on real-world examples. Addressing the question of whether and how European airport regulators set incentives for efficiency, and how benchmarking is used in the regulatory process, this book is an important contribution to the development of the transport industry in Europe and Latin America. It will appeal to scholars and students in transport economics, regional economics and related fields, as well as to practitioners and policy makers in the transport industry.
BAA Plc: Appendices
| Author | : Great Britain. Competition Commission |
| Publisher | : |
| Total Pages | : 783 |
| Release | : 2002 |
| Genre | : Airports |
| ISBN | : 9780115154898 |
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Heathrow, Gatwick and Stansted airports are all subsidiaries of British Airports Authority plc (BAA). The Commission's report investigates the level of airport charges per passenger set for airlines operating from these three airports for the next five years beginning April 2003, as well examining a number of public interest issues. Currently, the current system of airport charges is based on the 'single till' approach by which the significant profits from commercial activities of the airports (primarily the rental income from retail, catering and other concessions) are used to offset the level of aeronautical charges (operational costs). However, the Civil Aviation Authority has proposed that a 'dual till' approach should be used which would exclude commercial activities. The Commission notes concerns that this would lead to an increase in charges to airlines which would eventually be passed onto the passenger. It finds the overall disadvantages of this proposal outweighs any benefits and recommends the 'single-till' approach be retained. Other recommendations include that Heathrow and Gatwick airports should be required to pay specific rebates to airlines whenever service quality falls below agreed performance standards.
Manchester Airport Plc
| Author | : Great Britain. Monopolies Commission |
| Publisher | : |
| Total Pages | : 77 |
| Release | : 1987-01-01 |
| Genre | : Airports |
| ISBN | : 9780860393337 |
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Airport Competition
| Author | : Peter Forsyth |
| Publisher | : Routledge |
| Total Pages | : 463 |
| Release | : 2016-03-23 |
| Genre | : Technology & Engineering |
| ISBN | : 1317182898 |
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The break-up of BAA and the blocked takeover of Bratislava airport by the competing Vienna airport have brought the issue of airport competition to the top of the agenda for air transport policy in Europe. Airport Competition reviews the current state of the debate and asks whether airport competition is strong enough to effectively limit market power. It provides evidence on how travellers chose an airport, thereby altering its competitive position, and on how airports compete in different regions and markets. The book also discusses the main policy implications of mergers and subsidies.
Airport Regulation Investment and Development of Aviation
| Author | : OECD |
| Publisher | : OECD Publishing |
| Total Pages | : 71 |
| Release | : 2010-11-26 |
| Genre | : |
| ISBN | : 9282102920 |
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This report reviews recent experience with airport regulation on the basis of discussions at the International Transport Forum between leaders of airlines and airports together with regulators and economists.
Airport Competition Regulation in Europe
| Author | : Stamatis Varsamos |
| Publisher | : Kluwer Law International B.V. |
| Total Pages | : 282 |
| Release | : 2016-10-15 |
| Genre | : Law |
| ISBN | : 9041168370 |
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Over the past thirty years, airports within the EU – including nearly a hundred newly built or rebuilt during that time – have undergone a major economic transformation. From mere infrastructure providers, airports have become diversified and complex commercial enterprises in competition with each other. This is the first and only book thus far to deal with the legal issues surrounding this important development, focusing on the impact of EU Directive 12/2009 on airport charges. Examining the use of airport infrastructure, the growing competition among airports, and the relations between airlines and airports, the author, a leading aviation law practitioner, covers such issues and topics as the following: - types of charges – landing, passenger, aircraft parking; - pricing factors determining airport charges; - vertical contractual relations between airports and airlines; - airport market power and dominance; - issues of consultation and transparency; - ability of airlines and passengers to switch to alternative airports; - application of state aid rules; - security charges; - environmental charges and schemes; and - price discrimination and differentiation. The presentation encompasses a critical analysis of the findings of case law, both international and European, on airport charges in the context of the new trend of airports and airlines concluding vertical agreements. As an examination of the economic regulation of EU airports due to the liberalization process, structural changes in the ownership status of many EU airports, and the emergence of new airline business models (such as low-cost carriers), this book, the only one of its kind, will quickly become indispensable to practitioners, policymakers, and academics in aviation law.
