Airports Commission final report: cost and commercial viability
Background to the cost and commercial viability analysis in the Airports Commission's final report on increasing airport capacity in the UK.
Documents
Details
Information about the contents of the reports contained on this page.
Cost and commercial viability: literature review update
PwC’s literature review update of funding and financing arrangements considers:
- risk factors relevant to airport development
- procurement models in use in the UK beyond the airports sector
Cost and commercial viability: cost and revenue identification update Gatwick Airport second runway
Report identifying costs and non-aeronautical revenues associated with the construction and operation of Gatwick Airport second runway proposal.
Cost and commercial viability: updated cost and revenue identification Heathrow Airport extended northern runway
Report identifying costs and non-aeronautical revenues associated with the construction and operation of Heathrow Airport extended northern runway proposal.
Cost and commercial viability: cost and revenue identification update Heathrow Airport north west runway
Report identifying costs and non-aeronautical revenues associated with the construction and operation of Heathrow Airport north west runway proposal.
Cost and commercial viability: financial modelling input costs update
Sets out a summary of the costs and assumptions used as inputs for PwC’s financial modelling.
Cost and commercial viability: funding and financing update
Analyses the funding required in terms of the the potential spread of aeronautical charges required to fund each scheme and the commensurate level of financing required under a range of different demand scenarios and sensitivities.
Cost and commercial viability: additional sensitivities
Provides further financial analysis of further demand scenarios and sensitivities explored, eg the impact of different optimism bias assumptions, reduced scope of proposals etc.
Cost and commercial viability: sources of finance
Presents the outcome of market soundings on the financeability of the schemes.
Cost and commercial viability: reduced scope scenarios costs
Looks at the possibility of reducing costs for each scheme and the impact on passenger experience.
Cost and commercial viability: additional analysis
Includes papers on the following issues:
- risk and optimism bias
- land and community compensation
- state aids
- the UK guarantee scheme
- EIB finance
Financial data used to prepare reports
Spreadsheets of financial data used to prepare the cost and commercial viability reports.