CAA was quite right to suggest airport’s shareholders – not passengers – should dig deep
The owners of Heathrow, who have done very nicely for themselves over the years, have an extraordinary ability to believe the world owes them a living in all circumstances. Take their reaction on Tuesday to the Civil Aviation Authority’s ruling that the airport can’t have a gold-plated pandemic bailout from passengers, but can have some assistance.
That was the gist of the CAA’s award of £300m as a “limited, early adjustment” to Heathrow’s regulated asset base, which will mean roughly 30p added to landing and take-off charges (currently £21) from next year.
