Three of the UK’s largest airports are set
for a major shake-up in their pricing structures, reports suggest.
Heathrow, Gatwick and Stansted are expected
to see big changes to financial regulations, according to the Daily Telegraph.
On April 30th the Civil Aviation Authority
(CAA) is expected to announce its first thoughts on maximum landing charges per
passenger for the next five-year regulatory period.
Under the plans, the Telegraph reports,
Stansted’s out-of-date regulations are set to be replaced, while Gatwick will
enjoy the freedom to make more commercial deals. Heathrow, meanwhile, is likely
to be told to cut a landing charge rise of nearly six per cent per passenger
above inflation which has drawn heavy criticism from airlines.
Travellers are likely to enjoy lower fares,
or at least smaller price hikes, as a result of the regulatory changes - but
CAA is keenly aware of the need to encourage investment in the UK’s biggest
airports with the promise of healthy profit margins.
For extra peace of mind on your next holiday,
Discount Insurance offers competitive rates on travel insurance.
