Economic regulation of Heathrow: programme update

This document provides an update on our programme for the development of the economic regulation of Heathrow Airport Limited (“HAL”) in the light of the very significant uncertainties brought about by:

> the severe impact of the Covid-19 pandemic on the aviation sector as a whole and passenger numbers at Heathrow airport;
> the Court of Appeal’s decision setting aside the Airports National Policy Statement; and
> HAL’s subsequent decision to pause its programme for expanding Heathrow airport.

It outlines our proposals for changing our overall approach to developing the regulatory regime for HAL in the light of these developments.