London hub airport may need public subsidy but the devil is in the detail, says Pinsent Masons
24 Jan 2013 | 05:06 pm |
Jon Hart, Infrastructure Partner at international law firm, Pinsent Masons, comments on the findings of a report commissioned by the Transport Select Committee into the Government's aviation strategy, in particular, its findings on a hub airport for London:
"Ahead of the much-anticipated response of Howard Davies, a former chairman of the Financial Services Authority, it’s positive news that the Transport Committee has been looking at the economic foundations for establishing an airport “hub”.
"As always though, the devil is in the detail. Oxera, an economic consultancy commissioned to undertake the research, recognise that they have not looked at specific proposals, nor do they factor in the wider societal costs. The key recommendations need to be seen as part of a much bigger picture.
"These findings should not be allowed to become a distraction from the difficult political decisions that need to be taken on Heathrow and the bread-and-butter parliamentary time needed to get the Civil Aviation Bill converted into effective legislation and with that an updated economic regulatory model for airports.”
-Ends-
For further information please contact:
Arti Mohan, PR Advisor
Tel: 020 7418 7106
Email: [email protected]
Key Contacts
Latest press releases
Show me all press releasesPinsent Masons signs lease to move to iconic Sydney address
Multinational law firm Pinsent Masons will continue its strong growth in Australia at a new Sydney address after signing a lease to move into one of the city’s most iconic addresses.
Pinsent Masons advises medtech startup OASYS NOW as it reaches significant milestone
Multinational law firm Pinsent Masons has advised Netherlands-based MedTech startup OASYS NOW on its journey to receive its first equity investment.
Pinsent Masons advises on funding of Vietnam’s first large-scale LNG-fueled power plants
Multinational law firm Pinsent Masons has advised PetroVietnam Power on the funding of the US$1.4 billion Nhon Trach 3 and Nhon Trach 4 LNG-to-Power plants, which will be the first large-scale LNG plants in Vietnam.
People who viewed this press release also viewed
Show me all press releasesPinsent Masons hires key construction disputes expert in the Middle East
Multinational law firm Pinsent Masons welcomes Rena L. Scott to the partnership in the Middle East.
Pinsent Masons continues expansion in Australia with two senior corporate appointments
Multinational law firm Pinsent Masons has continued its expansion in Australia with the appointment of partner James Stewart and special counsel Roger Hawkins to our corporate team.
Pinsent Masons advises syndicate of Taiwanese banks on funding of New South Wales warehouse project
Multinational law firm Pinsent Masons has advised KGI Bank Co., Ltd, Taishin International Bank Co., Ltd and O-Bank Limited on the above A$100 million funding of the construction of a warehouse and distribution facility in Sydney’s western suburbs.
For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on
Location contacts
Europe: [email protected]
Asia: [email protected]
Middle East: [email protected]
Australia: [email protected]