Search results
199
results
(showing
181
to
190
of
199)
Risk sharing is incompatible with the current capacity cap in summer 2022.
Last updated: 02 September 2022
The years 2020 and 2021 were covered by an interim price cap (referred to as ‘iH7’ by the
CAA) This was followed by a ‘holding’ cap in 2022, and a further ‘interim’ cap for 2023
while the H7 price control was being finalised.5
12.
Last updated: 19 October 2023
acceptance date_1:
Enter comments, closure or CAP acceptance date_2:
Enter comments, closure or CAP acceptance date_3:
Enter comments, closure or CAP acceptance date_4:
Enter comments, closure or CAP acceptance date_5:
Enter comments, closure or CAP acceptance date_6:
Enter comments, closure or CAP acceptance date_7:
Not Applicable Check Box_2: Off
Not Applicable Check Box_1: Off
Enter comments, closure or CAP acceptance date_8:
Enter comments, closure or CAP acceptance date_9:
Enter comments, closure or CAP acceptance date_10:
Enter comments, closure or CAP acceptance date_11:
Enter comments, closure or CAP acceptance date_12:
Check Box_17: Off
Check Box_9: Off
Check Box_14: Off
Check Box_15: Off
Check Box_16: Off
Not Applicable Check Box_3: Off
Not Applicable Check Box_4: Off
Not Applicable Check Box_5: Off
Not Applicable Check Box_6: Off
Not Applicable Check
Last updated: 09 July 2026
CAP 1151 Appendix I: WACC, Calculation of a Price Cap and Financeability
February 2014 291
Figure I.2: HAL's Q6 price control in CAA’s proposed licence
£ million 2013/14 9 mo.
2014
2015 2016 2017 2018 Total
Operating costs 805 1,029 993 955 948 4,731
Depreciation 467 645 653 672 676 3,113
Cost of capital 550 738 739 735 727 3,489
Total revenue requirement 1,822 2,412 2,385 2,362 2,352 11,333
Commercial revenues (413) (574) (591) (601) (611) (2,790)
Other regulated charges (ORCs) (174) (215) (206) (205) (204) (1,004)
Other revenues (108) (139) (141) (144) (144) (675)
Net revenue requirement 1,127 1,485 1,447 1,412 1,393 6,863
Passengers (in millions) 55.4 72.0 72.7 73.4 74.2 347.7
Unprofiled yield per pax (£) 20.60 20.34 20.63 19.91 19.22 18.78 n/a
Year-on-year change -1.3% 1.4% -3.5% -3.5% -2.3% n/a
Profiled yield per pax (£) 20.60 20.40 20.13 19.86 19.46 19.10 n/a
Year-on-year change -1.0% -1.3% -1.4% -2.0% -1.8% n/
Last updated: 01 February 2014
The cap is based upon the members’
pensionable earnings as at the 31 March 2013 level plus inflation.
Last updated: 21 July 2022
Concrete pad or cap.
Last updated: 29 January 2024
A full list of revisions in the second, third and fourth editions are published separately
as CAP 1616b, CAP 1616c and CAP 1616e respectively.
Last updated: 01 March 2021
The subject is then asked to put the caps back in the box in what
they perceive to be a natural colour order, starting from the one fixed reference cap,
so having to find the coloured cap that looks most like the colour of the cap already in
the box and put it next to it.
Last updated: 14 August 2006
The cap is based upon the members’
pensionable earnings as at the 31 March 2013 level plus inflation.
Last updated: 21 July 2022
It does not in any way affect or override the content of any
regulation, CAP or other document issued by the CAA.
3) Amendments
Any inaccuracies or errors found in this document should be reported to the CAA
Permissions, Approvals and Scheduling team at:
apply@caa.co.uk
4) Licensing Queries
Any pilot licensing queries should be directed to CAA Shared Services Centre at:
FCLWEB@caa.co.uk
or by phone at: 0330 022 1972, and follow instructions
5) General Information
For further information, please refer to the CAA website at:
www.caa.co.uk
mailto:apply@caa.co.uk
mailto:FCLWEB@caa.co.uk
http://www.caa.co.uk/
Approved Training Organisations Doc. 31, V219
31 July 2026 Page 3 of 85
OFFICIAL - Public.
Last updated: 31 July 2026
