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 advises NTR plc on 54MW portfolio of co-located solar and battery storage projects in Ireland
Multinational law firm Pinsent Masons has advised NTR PLC on the acquisition of a 54MW portfolio of co-located solar and battery storage projects in County Wexford, Ireland, from renewable energy developer RES.
Pinsent Masons advises on Four Seasons Care Homes portfolio migration
Multinational law firm Pinsent Masons has advised propco investor LDC Care Homes and its asset and investment manager Elevation Advisors on the migration of a care homes portfolio from Four Seasons Health Care Group (FSHC) to new operators.
Pinsent Masons advises Teva Pharmaceuticals on €84m sale of its consumer healthcare brand portfolio to Karo Pharma AB.
Multinational law firm Pinsent Masons has advised Teva Pharmaceuticals’ subsidiary, Actavis Group PTC, on the successful €84m sale of a suite of consumer healthcare products to Karo Pharma AB (Karo).
People who viewed this press release also viewed
Show me all press releasesPinsent Masons appointed to UK Government Trade Law Panel
Multinational law firm Pinsent Masons has been appointed to the UK Government's new Trade Law Panel in an international consortium with BakerHostetler in the USA, and Fasken in Canada, to advise on international trade law disputes.
Pinsent Masons wins Belt and Road Deal of the Year and Overseas Deal of the Year awards at the China Business Law Awards
Multinational law firm Pinsent Masons has won Belt and Road Deal of the Year and Overseas Deal of the Year awards for the firms work on the Red Sea Tourism Mega Project in Saudi Arabia and Mexico City's Subway Line Construction Project respectively.
Pinsent Masons advises on commercial close of four new dialysis clinics in Uzbekistan
Multinational law firm Pinsent Masons has advised on the commercial close of four dialysis centres – a pathfinder public private partnership (PPP) implemented in Uzbekistan.
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]