Airport News - Europe.Nov 27, 2006 The European Commission European Commission, branch of the governing body of the European Union (EU) invested with executive and some legislative powers. Located in Brussels, Belgium, it was founded in 1967 when the three treaty organizations comprising what was then the European Community has launched a probe into whether Deutsche Post Deutsche Post AG (ISIN: DE0005552004, LSE: DPO) is a German post, logistics and courier headquartered in Bonn, previously the German state-owned mail monopoly. It has 520,000 employees in more than 220 countries and territories worldwide and generated revenue of € 60. unit DHL DHL abbr. 1. Doctor of Hebrew Letters 2. Doctor of Hebrew Literature received illegal state aid from a German region, the Commission said on Wednesday. The EC said the investigation focuses on DHL's airport project in east Germany East Germany: see Germany. and Saxony's financial support for building a new runway as well as financial guarantees endorsed by the region -- the main shareholder in the airport. Nov 22, 2006 London BAA Britain's aviation regulator on Thursday signaled a significant reduction in the returns it will allow UK airport operator BAA when it sets new price caps on airline charges at London airports from 2008. The Civil Aviation Authority Civil Aviation Authority civil (Brit) n → Behörde f für Zivilluftfahrt (CAA Caa See CCC. ) said it was looking at a "marked reduction" in BAA's cost of capital, or the rate of return it can earn on investments, from the 7.75 percent allowed currently. Spanish company Ferrovial owns BAA. The CAA is to set out an initial ruling next month on the prices BAA can charge airlines using London's Heathrow, Stansted and Gatwick airports under the next five year regulatory period, running from 2008 to 2013. BAA's cost of capital is a key factor the CAA uses when it sets the charges. British Airways has asked the CAA to cut BAA's allowed cost of capital to 5.6 percent. The CAA said it would set out its thinking on price caps in full in December. Nov 23, 2006 Z Editor: Aram Gesar, eMail: edit@AirGuideOnline.com For more global news, reviews, features and analysis, please go to: http://www.airguideonline.com/onlinenews.htm To Subscribe to our Newsletters: http://www.airguideonline.com/order_formsubs.htm#news To Advertise: advert@AirGuideOnline.com Nov 13, 2006 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion