Earlier this year we consulted with the industry on the prices charged for our services, for the period 1 August 2022 to 30 June 2025. Due to the level of uncertainty in forecasting traffic volumes at the time, those who submitted feedback requested Airways review forecasts six months from the new prices taking effect, to take account of changes to the operating environment and to mitigate the risk of significantly over or under forecasting volume impacts.
As indicated in our pricing response document, an out-of-cycle price reset requires a change to our Pricing Framework and Standard Terms and Conditions. We are now consulting on amended versions of both documents to enable this to happen.
Proposed Standard Terms and Conditions
Proposed Pricing Framework