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Seeking views on the approach of the Civil Aviation Authority (CAA) with regard to runway expansion and cost recovery at London airports. The CAA’s suggested approach is to use a broad framework of principals that will govern future decisions. These principals are that:
- risk should be allocated to those parties who can best manage it
- commercial negotiations should be encouraged
- capacity can be paid for both before and after opening
The CAA will publish its policy statement in spring 2015.