What could Peel actually do if U2 decided to put, say, 2 more aircraft at MAN?
Take them to court?
Peel: "Your honour, we have in writing a contract between ourselves and easyJet concerning the growth of the carrier at a nearby airport at Manchester. They have broken this my increasing aircraft numbers."
Judge: "Get out..."
If it was anything more than a 'gentleman's agreement,' then the Competition Commission would be all over the two companies like a rash and MAG would certain add the salt.
For it to be set in stone is very illegal whereas there is nothing to prove with a 'gentleman's agreement.'
I'm sure that easyJet will know what they are doing and when the new CEO takes his post, that 'agreement' may go out of the window.
Only time will tell...
Dream on !