Final hours! Save up to 55% OFF InvestingProCLAIM SALE

Ryanair quits industry group advising on UK aviation strategy

Published 07/11/2023, 01:43 PM
Updated 07/11/2023, 04:43 PM
© Reuters. Ryanair planes are seen at Luton Airport as the number of coronavirus cases grow around the world  London, Britain, March 17, 2020. REUTERS/Peter Cziborra/File Photo
EZJ
-
ICAG
-

DUBLIN (Reuters) -Ryanair on Tuesday resigned from an industry group set up by the British government to help implement its aviation strategy, dismissing it as a "talking shop" which has delivered no benefits or reforms for passengers.

The UK Aviation Council first met in February to advise on a ten-year plan set out by ministers last year to - among other goals - grow airport capacity, boost the use of sustainable aviation fuels and improve consumer experience.

"Ryanair's decision is disappointing," a UK government spokesperson said in a statement to Reuters, adding that the Aviation Council was set up to bring the industry and government together to "address shared challenges facing the sector."

The members of the group include the chief executives of major airlines operating in Britain, including easyJet (LON:EZJ) and IAG-owned (L:ICAG) British Airways, along with the heads of airports and trade bodies.

Ryanair said it urged the government in February to cut UK visa costs, push for effective air space reform in Europe and improve border control, air traffic control and handling staffing.

© Reuters. Ryanair planes are seen at Luton Airport as the number of coronavirus cases grow around the world  London, Britain, March 17, 2020. REUTERS/Peter Cziborra/File Photo

"We joined the UK Aviation Council when Transport Minister Mark Harper assured us it would be used as a "delivery body" to improve the resilience of UK aviation," Ryanair Chief Executive Michael O'Leary said in a statement.

"Sadly, this has proved to be an empty promise and the council has become a talking shop for government bureaucrats and the CAA (Civil Aviation Authority) to waffle on about reform while delivering none."

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.