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Annexure II - AERA

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NERA<br />

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B.5. Germany<br />

The regulatory approaches to set aeronautical charges in the eight airports with the highest traffic<br />

volume in Germany are:<br />

• A price cap regulation based on a:<br />

- Single till approach in Hannover airports;<br />

- Dual till approach in Hamburg and Frankfurt airports;<br />

• A single till rate of return regulation in Berlin, Colonia-Bonn, Dusseldorf, Munich and<br />

Stuttgart airports.<br />

Where a dual till approach applies (i.e. Hamburg and Frankfurt), aeronautical charges are<br />

determined by taking into account only costs pertaining aeronautical services. In these airports,<br />

revenues from airport's commercial activities are not considered in tariff calculation.<br />

Where a single till approach applies (i.e. Berlin, Colonia-Bonn, Dusseldorf, Hannover, Monaco<br />

and Stuttgart), aeronautical charges are determined by taking into account:<br />

(i) costs pertaining aeronautical services; and<br />

(ii) costs and revenues pertaining all commercial activities.<br />

B.6. Greece<br />

The regulatory approach to set aeronautical charges in Athens airport is a dual till rate of return<br />

regulation. Hence, aeronautical charges are determined by taking into account only costs<br />

pertaining aeronautical services. Revenues from airport's commercial activities are not<br />

considered in tariff calculation.<br />

B.7. Hungary<br />

<strong>Annexure</strong> <strong>II</strong>-B<br />

The regulatory approach to set aeronautical charges in Budapest and Ferihegy airports is a dual<br />

till price cap regulation. Hence, aeronautical charges are determined by taking into account only<br />

costs pertaining aeronautical services. Revenues from airport's commercial activities are not<br />

considered in tariff calculation.<br />

CP No. 9/2013-14/T-12023(14)/1/2012- Tariff- Vol - <strong>II</strong>I <strong>Annexure</strong> <strong>II</strong>-B Page 33 of 51<br />

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