Heathrow Airport Limited’s request for RAB readjustment

This consultation document has been published response to the request made by Heathrow Airport Limited (HAL) in July 2020 for the CAA to change its approach to the calculation of its regulatory asset base (RAB) to take account of the actual and expected impact of the covid-19 pandemic on its revenues in 2020 and 2021. It provides our initial views on HAL’s request and proposes next steps for consultation.

We are inviting stakeholders to share their views with us as we consider our final decision on these matters and the appropriate next steps. The consultation will close on 5 November.