LONDON (Reuters) – Commitments made by Britain’s Gatwick Airport over a price cap it charges airlines and improving service targets for the next four years are set to be accepted by the aviation regulator, it said on Tuesday.
“The regulator’s support for Gatwick’s commitments is conditional on it continuing to make progress with its plans for capacity expansion,” the Civil Aviation Authority said.
Gatwick, the second busiest airport in Britain, has asked the government to approve a plan to bring its back-up runway into full use to enable it to add more flights. A decision is expected within days.
The airport, located south of London, is owned by VINCI Airports and Global Infrastructure Partners.
(Reporting by Sarah Young; Editing by Sachin Ravikumar)
