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TfL believes that construction of a new hub airport, with a significant increase in
capacity, together with closure of Heathrow, would promote greater competition
between airlines, with resulting downward pressure on fares and wider choice of
international and domestic destinations available to passengers.
1
https://www.tfl.gov.uk/cdn/static/cms/documents/financial-and-commercial-considerations.pdf
2
Conversely, Airports Commission figures show that a 3-runway Heathrow would
effectively be full shortly after opening, operating at 80 – 90% runway utilisation –
with little hope for any competition benefits for consumers.
Last updated: 02 November 2021
Following
consultation, regulatory charges for 2013/14 were
published in the CAA’s Official Record Series 5 No 285 on
30 January 2013.5
Changes for Designated Airports
1.5 Three airports are currently designated under Part IV of the 1986 Act
– Heathrow, Gatwick and Stansted.
Last updated: 01 April 2013
Fundamentally, the airport’s perspective is somewhat different.
Last updated: 02 November 2021
This gives a more complete
picture for all London Approach Airports.
Last updated: 29 May 2019
Kennedy Airport, New York, to Charles DeGaulle Airport, Paris, France.
Last updated: 07 April 2003
A1.3 Comparator airport prices
A separate study by the consultants LeighFisher has identified comparator airports for
Heathrow, Gatwick and Stansted and made recommendations on the construction of price
benchmarks.
Last updated: 03 November 2021
It was accepted
that airlines and airports are likely to have differing views on this issue
Last updated: 09 June 2022
May 2013 M.A.G 42
The Consultation Document
5.12 The Consultation Document states that the competitive constraint on Stansted from other
London airports (particularly Gatwick and Heathrow) and other UK airports is weak.
Last updated: 03 November 2021
Note: Only Heathrow is considered as the ‘primary’ airport in the London area.
Last updated: 18 November 2011
Professor Helm had last year been critical of our
decision to use a single rate of return in the calculation of price caps for
Heathrow and Gatwick airports,
1
arguing that it is better for a regulator to apply
different rates of return to the RAB and to on-going opex and capex.
Last updated: 03 November 2021
