
Additional airport capacity: cost and commercial viability analysis
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Research and analysis ADDITIONAL AIRPORT CAPACITY: COST AND COMMERCIAL VIABILITY ANALYSIS Cost and commercial viability analysis of the Airports Commission's shortlisted options for
additional airport capacity. Get emails about this page DOCUMENTS LITERATURE REVIEW PDF, 1.12 MB, 52 pages This file may not be suitable for users of assistive technology. Request an
accessible format. If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email [email protected]. Please
tell us what format you need. It will help us if you say what assistive technology you use. COST AND REVENUE IDENTIFICATION: GATWICK AIRPORT SECOND RUNWAY PDF, 1.3 MB This file may not be
suitable for users of assistive technology. Request an accessible format. If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible
format, please email [email protected]. Please tell us what format you need. It will help us if you say what assistive technology you use. COST AND REVENUE IDENTIFICATION: HEATHROW
AIRPORT EXTENDED NORTHERN RUNWAY PDF, 1.3 MB This file may not be suitable for users of assistive technology. Request an accessible format. If you use assistive technology (such as a screen
reader) and need a version of this document in a more accessible format, please email [email protected]. Please tell us what format you need. It will help us if you say what assistive
technology you use. COST AND REVENUE IDENTIFICATION: HEATHROW AIRPORT NORTH WEST RUNWAY PDF, 1.24 MB This file may not be suitable for users of assistive technology. Request an accessible
format. If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email [email protected]. Please tell us what
format you need. It will help us if you say what assistive technology you use. FINANCIAL MODELLING INPUT COSTS PDF, 1.96 MB, 88 pages This file may not be suitable for users of assistive
technology. Request an accessible format. If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email
[email protected]. Please tell us what format you need. It will help us if you say what assistive technology you use. FUNDING AND FINANCING PDF, 1.38 MB, 88 pages This file may not be
suitable for users of assistive technology. Request an accessible format. If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible
format, please email [email protected]. Please tell us what format you need. It will help us if you say what assistive technology you use. FUNDING AND FINANCING REPORT: HEATHROW NORTH
WEST RUNWAY SCHEME SCENARIO UPDATE MS Excel Spreadsheet, 89.8 KB This file may not be suitable for users of assistive technology. Request an accessible format. If you use assistive
technology (such as a screen reader) and need a version of this document in a more accessible format, please email [email protected]. Please tell us what format you need. It will help
us if you say what assistive technology you use. COST AND COMMERCIAL REPORTS: CHARTS AND UNDERLYING DATA ZIP FILE 951 KB This file may not be suitable for users of assistive technology.
Request an accessible format. If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email [email protected].
Please tell us what format you need. It will help us if you say what assistive technology you use. DETAILS These reports support the cost and commercial viability analysis in the
consultation on the Airport Commission’s shortlisted options for additional airport capacity. PwC’s ‘Literature review’ of funding and financing arrangements considers: * risk factors
relevant to airport development * procurement models in use in the UK beyond the airports sector Three separate reports for each of the shortlisted options identify costs and revenues
associated with the construction and operation of that proposal. The ‘Financial modelling input costs’ report sets out a summary of the costs and assumptions used as inputs for PwC’s
financial modelling. A further report analyses the financing and funding of each option and an analysis of the potential spread of aeronautical charges required to finance each. The ‘Cost
and commercial reports: charts and underlying data’ zip file accompanies PricewaterhouseCoopers’s (PwC’s) 3 technical documents. Published on 22 January 2015, the zip file features all
underlying data for for graphs and charts in these reports. Across PwC’s 3 documents there are 10 sections which contains chart data. For clarity, we have prepared 1 spreadsheet for each of
these sections. Chart numbers in the spreadsheets correspond with chart numbers in the respective PwC reports. Four of the charts in the ‘Funding and financing report’ were identified as
showing data other than that referred to in the consultation reports. In these instances, charts in the ‘charts and underlying data’ zip file have been updated in January 2015 to show data
based on correct scenarios. Please note that the charts have not been updated in the original report. This update does not affect any of the analysis, figures and commentary elsewhere in the
report. The charts in questions are as follows: * ‘Chart 16: Gatwick Airport Limited - bond financing uses’ in section 2 * ‘Chart 36: Heathrow Hub Limited - capital expenditure, operating
costs, financing cash flows and taxation’ in section 4 * ‘Chart 37: Heathrow Hub Limited - cash flows’ in section 4 * ‘Chart 48: Heathrow Hub Limited - bond financing uses’ in section 4 As
of 23 January 2015, there has been a revision to the underlying indexation assumptions for the core capex and asset replacement costs for the: * Heathrow north west runway scheme (LHR NWR) *
Heathrow extended northern runway scheme (LHR ENR) The cost and commercial viability reports state that these costs were calculated in April to June 2014 prices, but they were in fact
calculated in 2013 prices. To assess the impact of restating these assumptions our advisers have re-run 1 scenario. The ‘LHR NWR assessment of need carbon-capped scenario’ has been re-run
with costs revised to the April to June 2014 indexation assumption. The output of this analysis, compared with the original data presented in the ‘Funding and financing’ report, features in
a new ‘Scenario update’ spreadsheet. The spreadsheet’s ‘Summary’ shows that the result of revisions is an increase of about 1% in terms of impacts on aeronautical charges and financing
required. The commission is advising consultees of this impact. It will be similar in all the scenarios and sensitivities run for both the LHR NWR and LHR ENR schemes. The commission is not
planning to amend the underlying cost and commercial viability reports. SIGN UP FOR EMAILS OR PRINT THIS PAGE Get emails about this page Print this page