London’s Heathrow Airport Plans Higher Landing Fees
London Heathrow Airport’s incoming CEO said the airport will increase the landing fee it charges to airlines.
The move, first reported by the Financial Times in an interview with incoming CEO John Holland-Kaye, would result in an increase in the aeronautical charge from £20, or $34.29, per passenger, to £24.
In January, the Civil Aviation Authority, which regulates the aviation industry in the United Kingdom, announced that landing fees at Heathrow should effectively be cut over the next five years, putting forth a formula that would allow an increase for inflation minus 1.5%.
The airport, the fifth busiest in the world based on passenger traffic, has some of the highest landing charges in the world.
The fees are a major source of revenue for Heathrow and totaled £1.5 billion last year.
(Photo: Accura Media Group)