New runway capacity: economic regulation
Consultation description
Seeking views on the approach of the Civil Aviation Authority (CAA) with regard to runway expansion and cost recovery at London airports. 皇冠体育app CAA鈥檚 suggested approach is to use a broad framework of principals that will govern future decisions. 皇冠体育appse principals are that:
- risk should be allocated to those parties who can best manage it
- commercial negotiations should be encouraged
- capacity can be paid for both before and after opening
皇冠体育app CAA will publish its policy statement in spring 2015.