Oxera Releases New Analysis on Europe’s Aviation Market, Revealing Increased Competition between Airports
With many of these trends now being long established, the competitive pressures on airports, of all sizes, across Europe are highly likely to endure and continue to develop, implying that regulators and government stakeholders will need to address this ‘new normal’.
Andrew Meaney, Partner and Head of Transport at Oxera said, ‘What our study confirms is that the competitive landscape of the European aviation market is evolving rapidly and competition between airports is both widespread and increasing. Many of the market trends driving this are well-established and likely to continue - further raising the pressure on airports of all sizes across Europe. In an industry with largely fixed costs and long design periods, this means that airports, their customers, regulators and governments will all need to come to terms with this reality.’
For the full implications of how increased competition between European airports could affect the aviation market and its regulators, read the Oxera report here.
Notes to editor:
Oxera advises companies, policymakers, regulators and lawyers on any economic issue connected with competition, finance or regulation. We have been doing this for more than three decades, gathering deep and wide-ranging knowledge as we expand into new sectors. We have a reputation for credibility and integrity among those we advise, and among key decision-makers, such as policymakers, regulators and courts. With offices in Berlin, Brussels, Rome, London and Oxford, we are able to advise our international clients in a highly flexible way, including providing advice in several languages.