The Mudcat Café TM
Thread #165570 Message #3977248
Posted By: DMcG
17-Feb-19 - 04:15 AM
Thread Name: BS: Brexit #3: A futile gesture?
Subject: RE: BS: Brexit #3: A futile gesture?
It might be worth mentioning that I used to work for the UK Civil Aviation Authority in the section that regulated the slots at airports, so I can probably say quite a lot about the impact of "EU interference." Suffice it to say that in broad terms, the slots are worth what airlines are prepared to pay, no more, no less and the EU regulations are about ensuring slots are bought to be used, not to held unused to block out competitors. What airlines are prepared to pay depends on their forecast - yes, I am afraid, they do rely on forecasts - of how profitable owning one slot rather than another is. Everything that affects potential profitability feeds into that forecast, including how Brexit might alter the market.