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Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body; 4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
A
Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body; 4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
COVID-19 has presented unprecedented challenges, and over the past year we ve been focussed on taking swift action to protect the business. We ve made great strides in cutting costs and making the airport more efficient and competitive while expanding our liquidity and protecting investment grade credit ratings. It s great to see this effort recognised by S&P. We will continue to work hard to restore our A- rating in the medium term, and for this to happen the regulator must also deliver on its duties to ensure Heathrow remains financeable. S&P s conclusions are unequivocal - It is now time for the CAA to protect ratings by providing a RAB adjustment and rebalancing urgently investors risks and reward.
Ruling due in Heathrow’s dispute with watchdog over landing fees
The Civil Aviation Authority is set to reject Heathrow s demand for a £1.7bn hike on passenger and airline levies
31 January 2021 • 8:00pm
A row between Heathrow and Britain’s aviation regulator is set to reignite this week over the airport’s demand to hike charges levied on airlines and passengers by £1.7bn.
The Civil Aviation Authority is expected to rubber-stamp its rejection in October of the price increase, which Heathrow has said it is entitled to charge for losses suffered during the pandemic.
But industry insiders cautioned that the regulator is “playing its cards very close to its chest” over its decision and could offer concessions to break the deadlock.