Annexure II - AERA
Annexure II - AERA
Annexure II - AERA
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NERA<br />
Economic Consiliiing<br />
B.8. Ireland<br />
The regulatory approach to set aeronautical charges in Dublin airport is an single till price cap<br />
regulation. Hence, aeronautical charges are determined by taking into account:<br />
(i) costs pertaining aeronautical services; and<br />
(ii) costs and revenues pertaining all commercial activities included in the regulatory till.<br />
The regulatory till does not include all commercial activities (single till).<br />
Currently, commercial activities that are included in the regulatory till (i.e . activities that<br />
contribute to defray aeronautical charges) are:<br />
• Retail activities (except activities carried out by AerRianta International);<br />
• Car parking;<br />
• Advertising;<br />
• Real estate activities.<br />
On the contrary, commercial activities that are excluded from the regulatory till are:<br />
• Retail activities carried out by AerRianta International;<br />
• Activities that have not sufficient nexus to the airport: these activities include:<br />
- Cork and Shannon airports;<br />
- International investments (e.g. Birmingham and Hamburg airports);<br />
- Property related to joint ventures.<br />
The regulator has also clarified that "The inclusion of investments in new commercial activities<br />
within the regulatory till is carried out on a case-by-case basis - so it is not possible to say<br />
definitely whether a given investment will or will not be included in the till" .<br />
B.9. Italy<br />
The regulatory approaches to set aeronautical charges in the Italian airports are:<br />
<strong>Annexure</strong> <strong>II</strong>-B<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 34 of 51<br />
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