Ryanair has alleged that Air BP was profiteering by misusing its monopoly as the sole supplier of fuel. Ryanair chief Michael O’Leary revealed that the matter has been referred to the Office of Fair Trading for investigating a 50% hike in fuel charges at Prestwick and Belfast City airports.

O’Leary claimed that BP was pushing prices at a rate much higher than the rate of inflation. Air BP is determined to abuse its monopoly and since no rational explanation has been given by them, OFT has been asked to inspect BP, added O’Leary.

He further blamed Air BP for gouging airlines and passengers by imposing a 50% rise on delivery charges at Glasgow and Belfast City.

According to O’Leary, delivery charges were already high and he did not accept Air BP’s explanation that the increase was inevitable due to business downslide.

He disagreed with the statement and reasoned that Belfast was the fastest growing airport in the UK and traffic at Belfast City was up 28%

O’Leary declared that at a time when consumer confidence was collapsing, blatant abuse of monopoly by the hugely profitable oil company was totally unacceptable.

BP spokesman denied indulging in profiteering and claimed that prices were mutually negotiated between airlines and fuel suppliers reflecting the current market and costs.

To celebrate Ryanair’s success of Belfast airports on 4 routes, O’Leary announced the release of one million £10 all inclusive seats for November to January travel.

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