Economic Regulation of Airports in the United Kingdom

Anne Graham ()
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Anne Graham: University of Westminster

Chapter Chapter 13 in Economic Regulation of Urban and Regional Airports, 2023, pp 329-342 from Springer

Abstract: Abstract This chapter describes the development of airport economic regulation in the UK, comparing the system which was in force between 1987 and 2014 with the current regime. In the UK case, two key characteristics of the aviation sector need to be taken into account. It is a predominantly private industry, and the UK has an extensive number of different types of airports that is mainly explained by its geography. The new regulatory system is more fit for purpose for today’s UK airport industry. The first indications at Gatwick show the innovative and more light-handed approach has brought improvements.

Keywords: Airports; Economic regulation; United Kingdom; Privatisation; Heathrow; Gatwick; Stansted; Price cap; Competition; Efficiency; Market power (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:adspcp:978-3-031-20341-1_13

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DOI: 10.1007/978-3-031-20341-1_13

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