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This risk profile gives negative skewness to the potential returns
from Heathrow.
Last updated: 02 November 2021
The
findings of which will inform later stages
of airport design and operations.
Last updated: 22 October 2021
Whilst changes in the national
and local economies of the UK are undoubtedly underlying causes of this effect,
as are capacity constraints at the London airports, domestic routes may also be
more affected by competition from other modes of transport and the effect of
local aviation taxes than international routes and they are often more sensitive to
changes in journey time.
1.2 The Commission correctly identifies the way that a domestic service to an
airport with a range of onward connections can combine both point to point
demand and transferring passengers to reinforce its viability, although, as
CAA survey data shows, this effect is not only limited to Heathrow and can be
observed at other airports where connections to short and medium haul services
may be available.
1.3 With no new capacity at the major London airports, the effects of many of the
factors outlined above are likely to continue to put pressure on domestic routes,
although the pace is difficult to judge.
Last updated: 05 September 2014
However, the 1991 TDRs have imposed significant operational constraints on express services by
restricting all-cargo flights at Heathrow and Gatwick during periods that are essential to time-definite
networks.
Last updated: 14 May 2026
This risk profile gives negative skewness to the potential returns
from Heathrow.
Last updated: 03 November 2021
For the London airports, where we have already made MPDs (i.e.
Last updated: 01 December 2015
These proposals include:
4 CAP 1684.
5 Joint letter from Gatwick Airport Limited and the Gatwick Airport Consultative Committee, 25 September 2018.
6 Letter from Paul Smith, 8 October 2018.
7 The Passenger Advisory Group forms part of the Gatwick Airport Consultative Committee (GATCOM).
Last updated: 22 October 2020
Stansted Airport, Luton, Northolt and Heathrow operations are all closely linked 3.10
because of their alignment and geographical proximity, therefore a major
redesign of the airspace around any one of these airports also requires
significant change at the others.
Last updated: 18 December 2015
In fact, we have observed
some airports recovering much if not all of their reduced equity values and
transactions have taken place (for example in relation to Sydney Airport) that imply
valuations consistent with pre-Covid highs
7.65.
Last updated: 13 April 2022
