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 appoints employment partner in Aberdeen
Multinational law firm Pinsent Masons has hired Gillian Harrington to join the firm’s Aberdeen office as employment partner from 6 May.
Pinsent Masons bolsters UK corporate practice with hire of expert healthcare and higher education partner
Multinational law firm Pinsent Masons has hired corporate partner, Rachel Soundy, to join the firm’s Birmingham office.
Pinsent Masons advises Balbec Capital on its first European public securitisation
Multinational law firm, Pinsent Masons LLP, has advised IGCF VI Euro, L.P. a sub-fund of Balbec Capital LP, a global alternative investment manager headquartered in the United States on its first European public securitisation in relation to the issuance of notes totalling EUR 392 million backed by a portfolio of reperforming Spanish mortgage loans, arranged by Goldman Sachs.
People who viewed this press release also viewed
Show me all press releasesPinsent Masons promotes 24 to global partnership
Multinational law firm Pinsent Masons has today announced its latest round of partner promotions, with 24 set to join its global partnership on 1 May.
Pinsent Masons announces approval for opening of new office in China
Multinational law firm Pinsent Masons is continuing its expansion in Asia Pacific having received government approval to open our third office in mainland China.
Pinsent 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.
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]