CAP1852: Economic regulation of Heathrow Airport Limited from January 2020: notice of licence modifications

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Title:Economic regulation of Heathrow Airport Limited from January 2020: notice of licence modifications
Description:This document gives notice under section 22(6) of the Civil Aviation Act 2012 (“CAA12”) of the CAA’s decision to modify Heathrow Airport Limited’s (“HAL”) Licence granted under section 15 CAA12. The modifications that the CAA has decided to make are to:

• extend the current price control by a two year interim period, up to 31 December 2021, taking account of the commercial arrangements between HAL and certain airlines for this period;
• include a new licence condition to promote economy and efficiency by HAL in the operation, maintenance and development of Heathrow airport; and
• make minor changes to update the price control arrangements, remove obsolete terms and make a change to HAL’s regulatory audit requirements to reflect current auditing guidelines.

The decision on these licence modifications follows on from the notice issued by the CAA under section 22(2) of CAA12 in August 2019, which built on the CAA’s consultations on interim price control arrangements in February 2019 and April 2018 and its consultation on the regulatory framework to support capacity expansion at Heathrow in March 2019.

Review Comment:None
Date:5 November 2019
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