How much will the passenger fare for London Heathrow change?

How much will the passenger fare for London Heathrow change?

Regulators said the fare cuts reflected a recent recovery in passenger numbers, but still allowed airports to invest.

However, Heathrow Airport, which wanted to be prosecuted, said the proposed move would undermine the provision of significant improvements.

The fare is paid by the airline, but can be passed to passengers by airfare and used for terminals, runways, baggage systems and security operations.

Here’s everything you need to know about the changes.

How much will the passenger fare change?

During the Platinum Jubilee weekend (Ben Smith / PA), airports across the country were overwhelmed by the influx of passengers.

/ / PA wire

Currently, the average fare per passenger at Heathrow is £ 30.19, and the CAA states that this will drop to £ 26.31 by 2026. However, Heathrow wanted to raise it to £ 41.95.

According to the CAA, the price cut will “increase the expected increase in passenger numbers as the recovery from the pandemic continues and the 2022 price cap introduced in 2021 to reflect the pandemic challenges of the time. It reflects. “

In December 2021, Heathrow was granted permission to raise passenger fares this summer from £ 19.60 to £ 30.19.

John Holland-Kaye, Chief Executive Officer of Heathrow, said regulators “excellent in terms of both the level of investment and operating costs required and the fair incentives private investors need to raise funds. We continue to underestimate what we need to provide passenger services. ” ..

“There is still time for the CAA to do this correctly,” he added. “If not modified, these elements of the CAA’s proposal will only result in passengers having a worse experience at Heathrow as their investment in services runs out.”

Richard Morialty, CEO of CAA, said the announcement was “about doing the right thing for consumers.”

He claimed that regulators “listened very carefully” to discussions from Heathrow Airport and the airline.

“Our independent and impartial analysis balances affordability for consumers while allowing Heathrow to make the investments it needs in the future,” he said.