Airport security costs ‘too high’
Passengers face much more stringent security checks
The aviation industry has said it can no longer afford the spiralling costs of security at Britain’s airports. Costs have risen by 150% since new security measures were brought in after the September 11 attacks in 2001.
Security now accounts for a quarter of major airports’ income. Airports cover all security costs themselves, but say this is simply not sustainable. The industry now wants the government to contribute, but it insists the aviation industry must foot the bill.
Here is an international story with a relevance to the local landscape. The essence of the message highlights the high cost of airport security post 911. It is estimated at British airports that security costs have risen by about 150% . The bother for airports is that they are expected to cover all the costs of installing and managing the security infrastructure. The airports have been throwing the argument back to the British government to suggest that terrorism is usually targeted against the state and not the airports. This argument has translated to say that the running of the modern airport should be subsidized by governments.
BU found the story interesting against the backdrop of the spanking new Grantley Adams International Airport recently revamped. The recent increase in departure tax from $25.00 to $60.00 has incensed many Barbadians. The argument by Minister Barney Lynch that the airport must pay for itself hence the increase in the taxes appear to be using a flawed business logic if we use the BBC news report. One can easily assume that to increase revenues by 150% in the short term is not achievable or realistic, in fact BU think that it is a silly and irrelevant business model built on an unimaginative business logic.
So Minister Barney let us go back to the basics. Don’t be overly influenced by your illustrious colleagues in Cabinet who have forgotten the Keynesian Theory of economics and now practice the Cronyism Theory instead.