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This document is published in response to the request made by Heathrow Airport Limited (HAL) in July 2020 for the CAA to change its approach to the calculation of its regulatory asset base (RAB) to take account of the actual and expected impact of the covid-19 pandemic on its revenues in 2020 and 2021. It provides our initial views on HAL’s request and proposes next steps for consultation.

The document sets out:

• the background to HAL’s request and the initial views of airlines in response to it;
• our approach to assessing HAL’s request;
• our initial assessment of HAL’s request; and
• proposals for our next steps and timetable for dealing with the issues raised by the request.

Appendices to the document have been published as CAP1966A.

Status:
Current
Review comment:
-
Version:
1
Version date:
09-Oct-2020
View file:

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