REG - Competition and Mkts - CMA provisional determination in Heathrow appeals

Delta Air LinesAnnouncement

08/09/2023 08:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230908:nRSH7796La&default-theme=true

RNS Number : 7796L  Competition and Markets Authority  08 September 2023

RNS Update

CMA issues provisional determination in Heathrow Airport appeals

The Competition and Markets Authority (CMA) has today published a summary of
its provisional determination
(https://assets.publishing.service.gov.uk/media/64f99de4fdc5d10014fce7b0/_Summary_of_provisional_determinations_.pdf)
after Heathrow Airport and several airlines - British Airways, Delta Air
Lines, and Virgin Atlantic Airways - appealed a decision from the Civil
Aviation Authority (CAA), which details how much the airport operator can
charge airlines, per person, for using its services.

The CMA is the appeal body for pricing decisions taken by the CAA meaning
those affected, such as airlines and airports, can challenge decisions
directly to the CMA. The CMA's role is not to re-take the CAA decisions, but
to decide whether the regulator has made specific types of error.

Having carefully considered the appeals from Heathrow and the airlines, the
CMA provisionally considers that the CAA was not wrong in most of the
decisions that were appealed to it.

Where the CMA has provisionally found that the CAA made errors in its
decision, the CMA proposes to require the CAA to reconsider them.

Heathrow, the airlines, and the CAA now have the opportunity to respond to the
CMA's provisional determination, and the CMA will reach its final
determination by 17 October 2023.

For more information on the appeals and provisional determination, visit the
CMA's H7 Heathrow Airport Licence modification appeal
(https://www.gov.uk/cma-cases/h7-heathrow-airport-licence-modification-appeals)
s web page.

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  IRSEAKNXEDKDEFA