Airports price control review - Initial proposals for Heathrow, Gatwick and Stansted (December 2006)
CAA initial proposals for price controls at Heathrow, Gatwick and Stansted airports - consultation paper & supporting proposals
Airports price control review - Initial proposals for Heathrow, Gatwick and Stansted (December 2006)
The full document is large (4.4mb) - it can be downloaded, in pdf, as a whole or in its separate parts.
- Full document
- Executive Summary
- Section I - Introduction and context
- Section II - Regulatory framework
- Section III - Heathrow and Gatwick
- Section IV - Stansted
- Annexes
There are also a number of supporting papers to the proposals. These are also available in pdf below:
- I - Separate regulation of airports (CAA)
- II - Competitive constraints faced by Stansted Airport (CAA)
- III - Airport efficiency assessment - overview & summary (Booz Allen Hamilton)
- IV - Benchmarking the finance & facilities management costs of BAA (KPMG)
- V - Scrutiny of BAA's IT costs (KPMG)
- VI - Advice to the CAA on scrutinising employment costs at BAA's designated airports (Income Data Services)
- VII - Review of BAA's revenue & cost allocation process (main report, appendices) (LECG)
- VIII - Scrutinising trends in commercial revenue at BAA's designated airports (Donaldsons)
- IX - Review of BAA's compliance with Annex 4 of CAA's decision of February 2003 (Bob Cotterill)
- X - Advice to CAA on BAA's capital investment plan at Stansted Airport (Scott Wilson)
- XI - Project Devon - a review of property transfer values (Atisreal)
- XII - Cost of capital - policy framework (Europe Economics)
- XIII - Cost of capital - estimating separate costs of capital for Heathrow & Gatwick (Europe Economics)
- XIV - Cost of capital - capital markets context (Ernst and Young)
Thre is also a four-page non-technical guide to the proposals. This is available in pdf below:
