REG - Civil Aviation Auth. VINCI Global Infra Partnrs - UK CAA consults on Gatwick Airport Ltd Commitments

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07/06/2023 07:00

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RNS Number : 8507B  Civil Aviation Authority  07 June 2023

UK Civil Aviation Authority consults on Gatwick Airport Limited's commitments

 

The UK Civil Aviation Authority has today (7 June 2023) opened a consultation
(http://www.caa.co.uk/CAP2554) on proposals from Gatwick Airport Limited (GAL)
to extend its set of 'Commitments' by a period of four years.

 

The UK aviation and aerospace regulator is now seeking views from the industry
on the proposals, which form the basis of the UK Civil Aviation Authority's
regulation of Gatwick Airport Limited.

 

Gatwick Airport Limited operates under a set of 'Commitments', a legally
binding contractual undertaking between GAL and its airline customers, which
was last put in place on 1 April 2021 and runs until 31 March 2025.

 

This is underpinned by an economic licence granted by the UK Civil Aviation
Authority under the Civil Aviation Act 2012.

 

GAL has proposed an extension of these Commitments from April 2025 until 31
March 2029.

 

GAL's proposal includes a revised price ceiling for the extension period - two
years of Consumer Prices Index (CPI) -1% followed by two years of CPI + 0%.

 

Other conditions of the current commitments are substantially unchanged,
though GAL has already launched a review of its service quality metrics and
targets.

 

The UK Civil Aviation Authority is seeking views until 19 July 2023.

 

- ENDS -

 

For further details contact:

 

Robert Crawford, Media Lead, Communications Department - 033 0138 4156

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