Economic Regulation: Aviation Act
The Aviation Act lays down the terms of the operating licence of Amsterdam Airport Schiphol. In addition, the Act regulates the manner in which Schiphol Group may determine the aviation charges, as well as the level of these charges.
The Aviation Act applies to aircraft, passenger and security charges. The Act also contains provisions limiting the return generated. This must not exceed the weighted average cost of capital.
The Netherlands competition authority (ACM, Autoriteit Consument & Markt) regulates the charges levied. If there is disagreement on these charges, the ACM will examine whether any complaints from the airlines are justified. If such complaints are upheld, we are obliged to set new charges.
An evaluation was made of the Aviation Act of 29 June 2006, and a new act has come into force as of 1 July 2017. Some parts of the Aviation Act with regard to the regulatory system have been amended. It concerns the following themes: consultation improvements; the introduction of multi-year charges and conditions; limiting rate fluctuations through settlement equalisation; the introduction of efficiency incentives on large investments; a mandatory contribution from non-aviation activities made to aviation activities; and the possible effects of charges on network quality.