Information  X 
Enter a valid email address
  Print      Mail a friend       More announcements

Friday 31 March, 2006

Civil Aviation Auth.

CAA Announcement

Civil Aviation Authority
31 March 2006





CAA PUBLISHES DOCUMENT ON REGULATORY TREATMENT OF PRELIMINARY EXPENDITURE ON NEW
RUNWAY CAPACITY



In July 2005, the Civil Aviation Authority consulted on the regulatory treatment
of preliminary expenditure on the development of new runway capacity at Stansted
airport.  Today the CAA has published a document stating that it will not
consult further at this stage.  The treatment of preliminary expenditure will be
a matter for the CAA to decide in concluding its price control review, having
taken into account the responses of interested parties and having regard to the
recommendations of the Competition Commission.  New price controls from April
2008 to March 2013 for BAA's London airports are due to be set in early 2008.



The document is available at www.caa.co.uk/erg click on 'ERG News'






                      This information is provided by RNS
            The company news service from the London Stock Exchange                                            

a d v e r t i s e m e n t