The owners of London’s Heathrow Airport say they face a huge challenge in raising capital investment after the U.K. Civil Aviation Authority (CAA) put a halt to the airport’s plans to increase per-passenger charges. Heathrow wanted to raise these charges by 4.6% annually over the next five years—a regulatory period known as Q6—to pay for major capital investments at the airport. This would add about £1 ($1.62) each year to the passenger fee until 2019, which would rise from £20.71 in ...

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