Baltic Air Charter Association Issues Strong Statement Against New Charges

London, United Kingdom (PressExposure) April 15, 2008 -- According to Markham Jackson, Chairman and chief spokesperson for BACA, "After this morning's news I have been receiving a multitude of calls from members complaining that these charges at Heathrow and Gatwick will result in disproportionate fare increases for the passengers and customers using these airports. We feel that there should now be urgent consultation between all interested parties to discuss this current situation. Any increases or charges should be thoroughly shelved until the result of such discussions."

Members of the Baltic Air Charter Association (BACA), the world's largest and most prestigious network for aircharter professionals, have been reacting strongly to the increase in charges, which the CAA announced today that they will soon be allowing the British Airports Authority (BAA) to levy at Heathrow and Gatwick Airports. The CAA reports that the charges over the next five years, beginning 1 April 2008, will rise by 23.5 per cent above inflation in year one and by 7.5 per cent above inflation each year between 2009 and 2013.

BACA agreed with British Airways (BA), in their most recent comments that the CAA's decision to allow BAA to ramp up airport charges conclusively demonstrates that the airport regulation system is failing fast. "This is seen as detrimental industry-wide" said Jackson.

When the Spanish-owned company Ferrovial purchased the BAA, in a move that left Ferrovial heavily debt-laden, the CAA indicated that they would not take into consideration Ferrovial's woeful financials when determining the fees that the BAA can charge. "Clearly this was ignored" stated Jackson.

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BACA, with its official motto “Our Word Our Bond,” is the widely respected and known as the world's largest and most prestigious network for aircharter professionals. BACA represents the interests of commercial aviation companies particularly in the aircharter industries and markets. Current membership includes some 125 companies, which represent numerous airbrokers, charter airlines, airports, business aircraft operators, freight forwarders, consultants and others. BACA’s principal objective is to promote integrity and ethical business practices so members can deal with each other with confidence, regardless where they're based or whether they have met each other before.

BACA is the successor of the Airbrokers' Association founded by members of the Baltic Mercantile and Shipping Exchange in March 1949. Its purpose was to bring to aircraft chartering the same standards of integrity and professionalism for which the Baltic Exchange and the Institute of Chartered Shipbrokers had, for so long, been known and respected. BACA council members are always available for commentary and interviews BACA is headquartered at the Baltic Exchange at 38 St. Mary Axe in London.

More information can be found on their web site:

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Press Release Submitted On: March 12, 2008 at 11:27 am
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