Air Travel ACI Europe Calls for Update to 30-year-old EU Airport Slot Regulation by GTP editing team 12 May 2023 written by GTP editing team 12 May 2023 0 comments Share 0FacebookTwitterLinkedinWhatsappEmail 16 ACI Europe, the industry body representing Europe’s airports, has renewed its call for the European Commission urgently to bring the EU Airport Slot Regulation up to date. In a letter from ACI Europe President and Executive Vice President of AENA, Javier Marín, to EU Transport Commissioner Adina Vălean, the Commission was praised for its ambitious work to date in preparing the ground for a revision of the EU airport slot regulation currently in place. However, as Marín points out, the regulation is 30 years old and the Commission must now take the next step and move forwards with a legislative proposal to future-proof the single aviation market. Javier Marín (left) speaking at ACI Europe’s 32nd Annual Congress & General Assembly in Rome in June 2022. Photo source: ACI Europe According to ACI Europe, the current EU Airport Slot Regulation is “largely based on principles set by incumbent airlines for incumbent airlines”, with airports having no say on the way their capacity is allocated and used. As such, the regulation “reflects an era that is no longer – when national airlines dominated and low cost carriers had yet to emerge, competition was scarce and airport capacity unconstrained”. ACI Europe’s president highlights that the “loopholes and deficiencies” of the EU Airport Slot Regulation are now plain to see. “Practices such as slot hoarding, overbidding, ‘double-dipping’, slot leasing, secondary trading and abuse of the New Entrant rule by multi-airline groups go against the spirit of the single aviation market by limiting competition, connectivity and consumer choice,” Javier Marín says. Photo source: European Commission The industry body adds that as Europe accounts for more than half of the world’s most congested airports and as congestion is set to worsen since creating new airport capacity is ever more difficult, updating airport slot rules is fundamental to protect the integrity and well-functioning of the single aviation market. “This is paramount to safeguard consumer interest and regional connectivity in the context of airline consolidation– through mergers, market exit or attrition… The European airport industry is not calling for a revolution but for a legitimate, necessary and overdue evolution of airport slot rules.” The full text of the letter sent to Transport Commissioner Vălean and also shared with Competition Commissioner Margrethe Vestager can be found here. Join the 15,000+ travel executives who read our newsletter Follow GTP Headlines on Google News to keep up to date with all the latest on tourism and travel in Greece. Share 0 FacebookTwitterLinkedinWhatsappEmail GTP editing team This is the team byline for GTP. The copyrights for these articles are owned by GTP. They may not be redistributed without the permission of the owner. previous post Thessaloniki’s New Cruise Terminal to Welcome Passengers in June next post Yiannis Retsos Signs Off as SETE President, Announces Future Plans You may also like Greece’s Hotel Market Sees Major Investments Over Four Months 5 February 2025 Greek Tourism Ministry Monitors Santorini Situation as Seismic Activity Continues 5 February 2025 Global Air Passenger Demand Reaches Record High in 2024, IATA Reports 5 February 2025 Greek PM Reassures Public About Santorini’s Ongoing Seismic Activity 5 February 2025 Milos: Ministry Suspends 5-star Hotel Construction Near Sarakiniko Beach 5 February 2025 ELIME and HELMEPA Join Forces for Safer, More Sustainable Greek Ports 5 February 2025 Leave a Comment Cancel Reply Save my name, email, and website in this browser for the next time I comment. Δ