Economic regulation of Heathrow Airport Limited: H7 Initial Proposals - Working paper on outcome based regulation

This working paper follows on from the October 2021 Initial Proposals consultation and provides further details of the CAA’s proposed approach to implementing outcome based regulation (OBR) in the H7 price control for Heathrow Airport Limited (HAL). It sets out the CAA’s Initial Proposals on targets, rebates and bonuses and summarises the key proposed changes to HAL’s licence.