United Kingdom
United States
Asia Pacific
EasyJet calls for BAA’s finances to be made public
EasyJet has called on the Civil Aviation Authority to make BAA’s failing finances public under the Freedom of Information Act.
In a letter sent to CAA, easyJet’s chief executive Andy Harrison asked for the immediate release of detailed information of the financial status of both BAA and its parent Ferrovial Group “in order to have clarity about the risk posed to the airline industry and the UK economy as a wholeâ€.
The low-cost airline said it was alarmed by statements made by BAA’s chief executive Stephen Nelson to the CAA on January 29, when Nelson suggested that “forward looking uncertainty is far greater than before the crisis†and said that “it is essential that BAA’s financial position is not further negatively impactedâ€.
Following these statements, easyJet said it has requested BAA to provide information on its financial condition, but so far to no avail.
“Whilst overhauling airport regulation is a necessity, making BAA’s failed finances public is an emergency,†said Harrison.
“The company is highly indebted and there is much speculation about its financial survival. It is crucial to the UK economy and the flying public to know whether there is a ‘Southern Rock’ looming.”
By Bev Fearis
Related News Stories:
Bev
Editor in chief Bev Fearis has been a travel journalist for 25 years. She started her career at Travel Weekly, where she became deputy news editor, before joining Business Traveller as deputy editor and launching the magazine’s website. She has also written travel features, news and expert comment for the Guardian, Observer, Times, Telegraph, Boundless and other consumer titles and was named one of the top 50 UK travel journalists by the Press Gazette.
Kittipong Prapattong’s Plan for Thailand’s Tourism Growth: Taxes, Visas, and Campaigns
James Jin: Didatravel’s Journey from China to Global Reach and the Impact of AI on Travel
Darien Schaefer on Pensacola’s Evolution: From Small Town to Global Destination
Florida Tourism’s Next Frontier: Dana Young on Expanding Beyond the Classics
Patrick Harrison on Tampa Bay Tourism’s Resilience and Marketing Strategy
Bubba O’Keefe on Clarksdale’s Vibrant Music Scene
Commemorating Elvis and Embracing Tupelo’s Culture with Jennie Bradford Curlee
Craig Ray and the Expansion of the Blues Trail
Presenting Mississippi’s Cultural Trails with Katie Coats
Robert Terrell: A Journey Through BB King’s Influence
Rochelle Hicks: Celebrating Mississippi’s Musical Legacy
Exploring Jacksonville with Katie Mitura: The Flip Side of Florida
Dozens fall ill in P&O Cruises ship outbreak
Turkish Airlines flight in emergency landing after pilot dies
Boy falls to death on cruise ship
Unexpected wave rocks cruise ship
Storm Lilian travel chaos as bank holiday flights cancelled