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Economic regulation of Heathrow Airport Ltd: H7 Final
Proposals Appendices D–K (CAP2365E3).
Last updated: 26 August 2026
Business Intelligence (Shared Service Centre)
CAA Passenger Survey Report 2015
A survey of passengers at Birmingham, Bristol, Cardiff, East Midlands,
Gatwick, Heathrow, Liverpool, London City, Luton, Manchester and
Stansted Airports.
Last updated: 18 October 2021
After a
consultation process with all interested parties, it was decided to run the survey
continuously at Gatwick, Heathrow and Manchester Airports.
Last updated: 18 October 2021
Smith,
Re: CAP1966 Economic Regulation of Heathrow Airport Ltd: Response to its request for a
Covid 19 related RAB adjustment.
Last updated: 03 November 2021
You may wish to note that neither in the Airports Commission's report nor in the Transport
Committee's hearings is there any mention of Heathrow's owner, FGP Topco Limited in
which Heathrow's financial figures are consolidated.
Last updated: 03 November 2021
Transport for London
City Planning
5 Endeavour Square
Stratford
London
E20 1JN
tfl.gov.uk
18 August 2020
Dear Sir, Madam,
Economic regulation of Heathrow consultation
I am writing further to publication by the Civil Aviation Authority (CAA) of the
CAP 1940 consultation on the economic regulation of Heathrow Airport Limited
(HAL).
Last updated: 03 November 2021
LHR Fees:
As the CAA is aware, Heathrow is already the world’s most expensive airport, and significantly more
expensive than all other airports in Europe.
Last updated: 11 April 2022
Regulated airports in 2014 and 2015
Airports covered
by Regulations
2014 2015
Passenger
numbers in 2012
(million)
Passenger
numbers in 2013
(million)
Heathrow 69.983 72.232
Gatwick 34.219 35.429
Manchester 19.654 20.680
Stansted 17.465 17.849
Luton 9.614 9.693
Edinburgh 9.194 9.775
Birmingham 8.916 9.114
Glasgow 7.150 7.358
Bristol 5.916 6.125
Source: CAA Airport Statistics
Airport Charges Regulations 2011 - Annual Report 2013-2014 Page 5
Provision of information by airport users
2.3 In the period covered by this report it was not drawn to our attention
that airport users had failed to provide the necessary information to
any of the qualifying airports.
Last updated: 31 July 2014
WACC
Heathrow Airport’s real WACC level for H7 is 3.26%, as
stated in CAP 2365A. easyJet use this as a
comparable, as a UK airport under a single-till regime,
to help assume an appropriate level of the WACC for
GAL.
2 NB: the public annual figures will not reconcile completely with GAL’s regulatory period (which starts in March).
Last updated: 11 August 2023
The team had visited Heathrow Airport and it had been beneficial and useful to
see first-hand how the process worked and what challenges it presented.
17.
Last updated: 02 November 2021