Heathrow inks new deal with airlines to promote higher Load Factors, subject to the UK Civil Aviation Authority (CAA) approval, will be valid through the end of 2021.
01.03.2019 - 18:18 UTC
The new agreement, which the airport operator called "a landmark deal", has been under negotiations for the past several months. The deal includes "hundreds of millions of pounds" worth of incentives for the airlines to boost their load factors on existing flights.
"Airlines at Heathrow currently operate with average load factors below the IATA global average. If airlines at Heathrow reached global averages for filling aircraft there is an opportunity to reduce passenger charges by 10-20% against what they might otherwise be, in addition to helping Heathrow meet the Government’s affordability target for expansion," the airport operator said.
ch Aviation
I am curious about this, as every single carrier wants to operate to the highest load factors - why do they need "hundreds of millions of pounds" worth of incentives ?
As for reducing charges to the carriers, I'll wait for the pigs to be launched off 27L...