Final report on a study of Heathrow’s cost and revenue allocation – a report by PA Consulting

In October 2016 we commissioned PA Consulting to carry out a review of HAL’s revenue and cost allocations, focusing on areas such as how it allocates expenditure between opex and capex, and how it allocates costs and revenues between different activities. The report is shown here together with comments from Heathrow on the issues identified.

In the working paper CAP1674 we provide an overview of the main concerns and detail the actions we intend to take to address them.