BRIEF-CAA Allows Heathrow To Recover Early Expansion Costs Incurred In 2025 & 2026 Via Airport Charges

July 29 (Reuters) - Civil Aviation Authority :

• CIVIL AVIATION AUTH. - CAA DECISION ON EARLY HEATHROW EXPANSION COSTS

• CAA: DECISION ALLOWS HEATHROW AIRPORT TO RECOVER EARLY EXPANSION COSTS INCURRED DURING 2025 AND 2026 VIAAIRPORT CHARGES, SUBJECT TO CAP OF £320 MILLION

• CAA: WILL ALSO ALLOW HWL TO RECOVER ABOUT £4.14 MILLION OF COSTS INCURRED IN DEVELOPING ITS EXPANSION PROPOSAL UP TO NOV 2025

• CAA: WILL CONSULT LATER IN 2026 ON ARRANGEMENTS FOR COSTS INCURRED FROM 2027 ONWARDS

• CAA: CONSULTATION WILL ALSO CONSIDER COSTS INCURRED BY HEATHROW WEST DURING 2026 IN PROGRESSING ITS DCO APPLICATION

• CAA: RECOVERY OF EARLY COSTS INCURRED BY HEATHROW IN 2025, 2026 WILL INCREASE MAXIMUM AIRPORT CHARGE PER PASSENGER BY AROUND 15 PENCE IN 2028

• CAA: RECOVERY OF EARLY COSTS INCURRED BY HEATHROW IN 2025, 2026 WILL INCREASE MAXIMUM AIRPORT CHARGE PER PASSENGER BY ESTIMATED 30 PENCE AFTER 2028

Source text: ID:nRSc2659Oa

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((Reuters.Briefs@thomsonreuters.com;))