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16-Dec-2010 10:31 AM

Regulator rejects Brussel Airport's proposed tariffs

Belgium's Brussels Airport announced (15-Dec-2010) the "regulatory service" has decided not to accept the airport tariffs that have been negotiated between Brussels Airport and its airline customers. The regulatory service is a government agency that supervises the operating licence of Brussels Airport and particularly the airport tariffs it is allowed to charge for the services it provides to passengers and airlines. During a five-month period, the airport's airlines have been exhaustively consulted about the new tariffs that will apply from 01-Apr-2011 to 31-Mar-2016. As a basic element of the proposed new tariffs, Brussels Airport will provide a comprehensive package of measures to improve and facilitate the optimal use of the airport in the period by its users. The exhaustive consultation resulted in a tariff proposal that was supported by both parties and that was submitted to the regulator on 15-Oct-2010. The airport stated the regulator's report, which is currently being examined in depth by Brussels Airport, seriously impairs the proposed tariff agreement. [more]

Brussels Airport owner MAp stated (16-Dec-2010) the current position of the regulator is a charges formula of CPI – 0.55%, plus additional charges for Pier A West related capex. Using the forecast Pier A West capex this equals to CPI + 0.2% on average. Brussels Airport's proposed tariffs included a charges formula of CPI + 0.9%, plus additional charges for Pier A West related capex. Using the forecast Pier A West capex this equals to CPI + 1.65% on average. The Pier A West project is an extension of the existing Pier A. It will deliver substantially increased capacity including an additional 20 contact gates. [more]

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