"easyJet welcomes the CAA's decision that Gatwick Airport has substantial market power and that as a consequence Gatwick needs continued regulation through an airport licence.
"easyJet also welcomes the significant changes the CAA has made to the assumptions on passenger growth and cost of capital which have led to a lowering of its estimate of fair airport charges from RPI +1.6% to RPI - 1.6%.
"easyJet supports the CAA's endorsement of Gatwick's Commitments proposal. However, it is now up to Gatwick Airport to show that this more commercial approach can deliver lower charges and improved service for airlines and their passengers.
"easyJet welcomes the inclusion of the costs of the any second runway in the licence so that these can be scrutinised by the regulator.
"easyJet also welcomes CAA's announcement that robust plans to deliver operational resilience in major disruption will also be under CAA regulatory oversight.
"Finally, easyJet is supportive of the CAA's approach to Stansted airport which under new ownership has shown itself willing to take a more commercial approach to airlines which will also benefit passengers."
easyJet plc is a United Kingdom-based point-to-point airline company. The Company's segments include airline business and holiday business. Its airline business operates a route network. It includes approximately 355 aircraft, operating 1,207 routes across 38 countries and 164 airports. Its holiday business sells package holidays. Its destinations include Northern Ireland, Scotland, Channel Islands, England, Austria, Bulgaria, Cape Verde, Croatia, Cyprus, Czech Republic, Denmark, Egypt, France, Germany, Gibraltar, Greece, Hungary, Iceland, Italy, Malta, Monaco, Montenegro, Morocco, Netherlands, Norway, Poland, Portugal, Slovenia, Spain, Sweden, Switzerland, Tunisia, Turkey and more. It offers a customer application for booking and boarding the aircraft. It also includes self-service tools for managing disruption via the application. It caters to multiple market segments including business, visiting friends and family (VFR) and leisure demand.
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