The Civil Aviation Authority (CAA), the UK's specialist aviation regulator, has ruled that Heathrow airport would have to reduce airline fees by 1.5% in real terms every year between 2014 and 2019. It also pledged to introduce more robust regulation of the fees charged by Gatwick, so that airline contracts remained consistent with the price and quality of the service offered.
CAA chair Dame Deirdre Hutton claimed that the cost of flights would fall as a result of this action. She said: 'These decisions are good news for air passengers. They will see prices fall, whilst still being able to look forward to high service standards, thanks to a robust licensing regime.
'We have focused on putting the passengers’ interest at the heart of our decisions and today’s announcement means passengers can look forward to lower prices and high service quality from London’s busiest airports.'
(source: Which?)
04/Feb/2014 00:00