IATA: EC needs to acknowledge competitive imbalance when considering airport charges

    IATA director general and CEO Alexandre de Juniac reported (31-Oct-2017) a new IATA Economics study – produced as part of the body’s preparations to discuss with the European Commission(EC) the need for stronger regulation of Europe‘s airports – demonstrates that not all sectors of the aviation value chain “face a similar competitive reality”. This study shows air fares have fallen significantly in real terms over the last decade, while European airport charges have more than doubled over the same period. Mr de Juniac noted that the European Commission needs to balance a “passionate discussion on what is revenue for airports but costs for airlines and their passengers”, at the same time as acknowledging that, in real terms, airport passenger charges increased 120% in the last decade and the real cost of travel dropped by 8%. [more – original PR]