Heathrow rebuffed on airport charges

London: UK aviation regulators have rejected Heathrow airport’s request for a significant real-terms increase in the charges it imposes on airlines by proposing that the levy should only rise by the rate of inflation over the next five years.

Heathrow airport Holdings, Heathrow’s parent company, had called for the charges to increase annually by inflation plus 4.6 per cent between 2014 and 2019, while airlines led by British Airways sought a deep real terms cut. The Civil Aviation Authority said on Thursday its proposed price control would not allow Heathrow’s charges to rise by more than inflation, as measured by the retail price index.

— Financial Times