Gatwick is regulated under an Economic Regulation Licence issued by the Civil Aviation Authority.
The way in which Gatwick Airport is regulated has transformed in recent years. Previously the airport was fully regulated by the Civil Aviation Authority (CAA), however after the change of ownership and through the introduction of competition within the south-east airport system this has changed.
Since April 2014, we have been licensed by the CAA to operate under a new Commitments Framework where our service levels and charges are agreed with our airline customers in a set of "Commitments" which are then endorsed by the CAA. These Commitments determine what Gatwick can charge its customers for providing services and also establishes quality standards for those services. Every month we publish a report on how we are performing against this set of standards.
Regulatory bodies that influence Gatwick’s operations include:
- The Civil Aviation Authority (CAA), the UK’s independent aviation sector regulator that is responsible for airspace policy, safety regulation, consumer protection and the economic regulation of airports. The CAA furthermore determines whether airports should be subject to economic regulation through a licence.
- The Department for Transport (DfT) is responsible for UK aviation policy.
- The Airports Commission investigated the need for additional runway capacity in the South East of England and made its recommendation in July 2015. The Government is currently considering the Commisison's report.
Relevant documentsinvestor relations section.
You can download relevant submissions to the CAA within the Commitments Framework since April 2014 here.
Gatwick performance report April-September 2015
This report provides an update on performance at Gatwick in the first half of financial year 2015/16, from April to September 2015.
Documents related to the review of the current period
During the CAA’s review of regulation at Gatwick from April 2014 we submitted a number of documents for the CAA's consideration. These included business plans and external expert advice. You can find the relevant documents below:
Response to CAA final proposals - November 2013
Paper on regulation of an increasingly competitive airports sector - May 2013
Response to the CAA's report on price monitoring - March 2013
Response to the CAA's report on comparing and capping airport charges - March 2013
Letter to the CAA regarding the application of long run incremental cost estimates - March 2013
Gatwick Airport report on regulatory regimes at airports - January 2013
What is the cost of capital for Gatwick Airport beyond Q5 - January 2013
How has the risk of Gatwick Airport changed since the start of Q5 - January 2013
Refreshed Business Plan to 2024 (public version) - January 2013
Gatwick Airport report on regulation, deregulation & market power - November 2012
Initial Business Plan to 2020 (public version) - April 2012
Letter to the CAA re Constructive Engagement - March 2012