Heathrow passengers are facing decades of increased air fares after the airport secured permission to recover early costs incurred during the development of its expansion plan. The Civil Aviation Authority (CAA) has allowed Heathrow Airport Limited (HAL) to recoup £320 million, which was spent on its proposal to construct a third runway since the beginning of last year.
Heathrow passengers to face higher fares for 20-25 years
UKPulse Consumer DeskHeathrow Airport Limited has been allowed to recoup £320 million in costs, which will be recovered through higher charges on airlines, typically passed to passengers via air fares.
- Heathrow Airport Limited will recoup £320 million in costs over 20-25 years
- The money will be recovered through higher charges on airlines, typically passed to passengers via air fares
- The increase in airport charges is estimated to be around 15p per passenger in 2028, rising to 30p in subsequent years
Why this matters: This decision may impact passengers' travel costs and options at Heathrow Airport.
What this means for you: You may see an increase in air fares when flying from Heathrow Airport over the next 20-25 years.