Large European airports are out-of-control monopolies and need to be regulated by newly created national authorities "with teeth," IATA DG and CEO Giovanni Bisignani said Friday at a meeting between the European Commission and 11 aviation organizations to discuss airport policy. In a direct appeal to Jacques Barrot, EC VP responsible for transport and energy, Bisignani said that since 2001, "Europe's airlines have achieved a 9% reduction in aircraft operating costs, a 24% reduction in ...

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