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Sovereign Wealth Funds Briefing - Categorized | Financials, Fund Management/Administration

Qatar’s Al Baker rejects Heathrow fees plan

Posted on 28 June 2013

Qatar Holding, the sovereign wealth fund that owns the second largest stake in London Heathrow Airport’s parent company, has raised objections to a plan by the British aviation regulator to impose a real-terms cut in the fees it charges airlines.
The proposal, made by the Civil Aviation Authority (CAA) in April, demands that Heathrow increase its take-off and landing fees by an amount lower than inflation for the five years between 2014 and 2019. The move is designed to curb the airport’s “substantial market power”, the CAA said………………………………………..Full Article: Source


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