November 12, 2018 / 6:13 AM / in a month

BRIEF-Flughafen Zuerich: FOCA Starts Stakeholder Involvement

Nov 12 (Reuters) - FLUGHAFEN ZUERICH AG:

* FEDERAL OFFICE OF CIVIL AVIATION (FOCA) STARTS STAKEHOLDER INVOLVEMENT

* FOCA HAS PRESENTED PROPOSALS AND IS COMMENCING A CONSULTATION PROCESS

* UNDER FOCA'S PROPOSAL 50% OF ECONOMIC ADDED VALUE FROM COMMERCIAL ACTIVITIES ON AIRSIDE WOULD BE SKIMMED OFF FOR CROSS-SUBSIDISATION (TRANSFER PAYMENT) OF REGULATED REVENUE

* IF FOCA’S PROPOSAL IS IMPLEMENTED AND THERE IS NO ADJUSTMENT TO CALCULATION FORMULA FOR REASONABLE CAPITAL INTEREST, AVIATION REVENUE AT ZURICH AIRPORT WILL FALL BY AROUND 25% IN FORTHCOMING REGULATORY PERIOD

* WILL EMPHATICALLY OPPOSE AN INCREASE IN THE TRANSFER PAYMENT Source text - bit.ly/2Ff2HM0 Further company coverage: (Gdynia Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below