Annexure II - AERA

NERA
Economic C0l1 sul tin9
8.12. The Netherlands
The regulatory approach to set aeronautical charges in Amsterdam airport is officially a dual till
rate of return regulation. Hence, even though aeronautical charges should be determined by
taking into account only costs pertaining aeronautical services (in coherence with a dual till
approach), in practice, some non-aeronautical activities are considered in tariff calculation.
Currently, commercial activities that are considered in tariff calculation are:
• Shopping areas;
• Car parking;
• Real estate activities (only hotels) .
8.13. Portugal
The regulatory approach to set aeronautical charges in ANA airports is a single till price cap
regulation. Hence, aeronautical charges are determined by taking into account:
(i) costs pertaining aeronautical services; and
(ii) costs and revenues pertaining all commercial activities."
8.14.South Africa
The regulatory approach to set aeronautical charges in ACSA airports is a single till price cap
regulation. Hence, aeronautical charges are determined by taking into account:
(i) costs pertaining aeronautical services; and
(ii) costs and revenues pertaining all commercial activities"
Annexure II-B
23 The commercial activities included in the regulatory till are the "relevant commercial activities", defined as "the majority of
commercial activities carried out in the airports or other aerodromes by the airport managing body". However,
"exceptionally, by means of a concession contract with the State, and taking into account a principle of adequate return on
the capital invested by the airport managing body, commercial activities carried out by the airport managing body may be
included or excluded from the relevant commercial activities" (art. 10 of Decree-Law no. 217/2009).
24 Regulating Cometee Investments which are not part of the core business of the Company, for example, a portfolio of shares,
shall be excluded from the RAB and the related income and expenditure ringfenced out of the single till.
CP No. 9/2013-14/T-12023(14)/1/2012- Tariff- Vol - III Annexure II-B Page 36 of 51
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