The UK Civil Aviation Authority is allowing BAA to raise charges at London Heathrow and Gatwick by more than 20% next year. In its final decision on price controls at LHR and LGW for the five-year period ending March 31, 2013, CAA is increasing the price cap at Heathrow by £2.44 ($4.92), or 23.5% in real terms, to £12.80 per passenger for the year starting next month. Charges in the four subsequent years could rise by 7.5% per year above inflation. At Gatwick, the price cap is set ...

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