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These excess returns cannot be captured entirely by airports such as Heathrow and Gatwick
under the current regulatory framework as their prices are capped.
Last updated: 02 November 2021
London Southend Airport
3.
Last updated: 01 December 2021
We also undertake innovative work
with airports, airlines and communities to reduce noise, eg the current Heathrow noise
respite trials.
4.
Last updated: 18 November 2021
As such the approach taken to
economic regulation at Gatwick airport is simply not appropriate for HAL, now or in the
foreseeable future.
14.
Last updated: 04 November 2021
The
Licensee shall ensure that the Steering Committee will includes at least one
representative from the Licensee, airlines, airports, the general aviation community
and independent members with appropriate experience.
Last updated: 26 October 2023
These place significant pressure on Heathrow, and suggests that the CAA’s
initial approach on the HAL market power assessment should be reconsidered.
Last updated: 15 April 2024
The
CAA is interested in views on whether to limit the times that such
2
CAA, March 2008, Economic Regulation of Heathrow and Gatwick Airports, 2008-2013, CAA decision,
http://www.caa.co.uk/docs/5/ergdocs/heathrowgatwickdecision_mar08.pdf
modifications can be made, for example one bundle of changes every 6
months.
Last updated: 02 November 2021
When airport costs rise faster than they should, those costs ultimately flow through the travel
ecosystem.
Last updated: 16 July 2026
PwC’s analysis considers financing for Heathrow and Gatwick against a benchmark of 10-15 years
maturity, finding that both airports have been financed at or better than the benchmark yields.
Last updated: 02 November 2021
However, the DfT is only directly
involved in measures to ameliorate noise at three designated airports, Heathrow,
Gatwick and Stansted.
Last updated: 22 November 2012