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CAA airport pricing review
August 1st, 2011 by elisa

The Civil Aviation Authority (CAA) has published its first consultation on ‘Setting the Scene for Q6′ regarding the future service and prices at Heathrow, Gatwick and Stansted in April 2014. It follows the government’s insistence that the CAA should put passengers first when reforming the airport regulation.

CAA chief executive Andrew Haines said: “The CAA’s aim is to put passengers’ interests at the heart of our economic regulation and we are keen to ensure that our reviews at Heathrow, Gatwick and Stansted reflect the unique position of each airport.

“Given the importance of the reviews for the future of these airports, it is vital that everyone with an interest is given an opportunity to engage with our review and have their voice heard. This will help deliver a regulatory regime that supports improvements to the passenger experience and efficient collaboration between airports and airlines, and maintain the confidence of investors.”

Every five years the CAA sets the maximum price levels the three airports can charge airlines, as well as setting a service quality standard, with rebates to airlines if the airport fails to meet them.  A new licence regime for airports with substantial market power, backed up by financial penalties, will be introduced.

 


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