The Airports (Economic Regulation) Act 2002 establishes the framework for the economic regulation of Jamaica’s major airports. The Act gives the Jamaica Civil Aviation Authority (JCAA) the legal authority to regulate all airports and aerodromes in Jamaica.
The JCAA has the authority to:
- regulate airport charges
- manage public interest issues, including anti-competitive behaviour
- ensure accounting transparency
Airport operators must submit to the Jamaica Civil Aviation Authority an application for permission to levy charges.
The Airports (Economic Regulation) (Charges and Fees) Notice, 2003 details the requirements of the application. The application is to be submitted to the Director of Economic Regulations at the JCAA, along with the prescribed fees.
When the JCAA grants permission to levy charges, it gives effect to its decision by attaching mandatory and discretionary conditions to the Permission.
Permission holders must routinely provide the JCAA with their annual accounts, schedule of airport charges and changes to the information in the original application.
Once permission has been granted, the holder must pay charges to meet the cost of airport regulation. These charges will be reviewed annually in consultation with Permission Holders.
The JCAA seeks to regulate airports to:
- promote their efficient, economic and profitable operation
- create an enabling environment for potential airport investors
- encourage investment in new facilities to meet user demand
- ensure that Jamaica’s airports are operated at standards which accord with best industry practice and international requirements