[Reuters] London’s Heathrow said on Tuesday it would not appeal a decision by the regulator to impose a cap on the prices Britain’s biggest airport can charge airlines, adding it did not believe other parties would appeal the ruling either.

“We are focussed on delivering our business plan for the period from 2014-18 and further improving Heathrow for passengers,” the airport said in a brief statement.

Heathrow had warned in January that it could struggle to grow its business after the Civil Aviation Authority (CAA) ruled it must set its prices at 1.5 percent below inflation from April 2014 after finding that the airport – Europe’s busiest – had too much market power.

Read the original story at Reuters…..

 


(Reporting by Kate Holton, Editing by Paul Sandle)
Reuters
1st April, 2014


Enhanced by Zemanta
Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s