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Should Aviation Authorities Buy Up Airport Parking Space

Sep 13, 2008
The threat of an impending recession has been running for quite some time now and whether or not we feel it full force, the scaremongering has already been enough to make everybody pull in their belts and apply the brakes to their spending habits. Of course, everyday life still goes on, people go on holiday and try to carry on as best they can but effects are being felt as high up as big business such as the large tourist industry.

It was recently seen that one of the top tour operators went bust and more than 85,000 people who were abroad on holiday (no penny pinching for them, then!) have been stranded with no way of getting home. Bad news for them in that they have to wait for a flight from another operator to get them home again but good news for the aviation companies that are still functioning with all that extra custom coming their way.

Having recently come back from a short break in Europe I can understand they are severely miffed about the situation. Airports are not the nicest of places to spend your time and can you imagine the price of their airport parking when they get back? I only went away for a weekend yet the price of the airport parking on return shocked me to the core!

Despite this, I have just booked up to return again before the end of the year. The ridiculous thing is that the flights were on offer to the point they were actually free and only the tax needed to be paid so I can get on a jet plane, bearing in mind the cost of these things and the size, the wages and the running costs of it, yet I will pay less for my flight than I will for my airport parking. The cost of running an airport parking facility can have absolutely no relation to the cost of running a jet plane, yet it's going to cost me more to use it. Where is the logic in this?

British Airways, it has to be said, are at the top of the UK's aviation field. But, through no fault of their own unless you count their extortionate flight prices, people are slacking off from their trips abroad through them. This has meant that they too are making cuts. Managers totally 1,400 have been offered voluntary redundancy in a bid to reduce BA's wages bill by 170 pounds million.

The offer is due to be made to managers earning between 40,000 pounds and 250,000 pounds and is causing unhappiness amongst the staff who are threatening to strike. Enforced redundancies will occur and jobs will be lost by the close of 2008 if not enough volunteers are forthcoming. The companies blame the rising costs of fuel, economic downturn and peoples lack of confidence in big business at the moment.

Maybe if the aviation authorities were to buy up the airport parking facilities they would have more than enough money to keep their managers in business - after all, with all those planes in the sky it is a little worrying that there won't be many people to manage them!
About the Author
Current affairs expert Catherine Harvey looks at how the credit crunch doesn't seem to have reached airport parking facilities the way it has the actual airlines.
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