RE: New lungi airport13 Apr 2022 20:52
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Charges and payment
ln consideration of the provision of the Services Westminster will issue an invoice for the Security Fee to the Airlines at the end of each month relating to the number of Passengers of each Airline during that month and the SLAA shall procure that the Airlines pay the Security Fee monthly to Westminster. Notwithstanding that it is the Airlines that will pay the Fee, the SLAA will ensure the enforcement of this through the application of appropriate sanctions against defaulting Airlines including, where
required, removal of take-off rights.
It is agreed that nothing in this Agreement prevents Westminster from increasing its Security Fee or raising a separate charge to any individual Airline should that Airline request additional equipment or services. Westminster will keep the SLAA informed of any such change.
Subject to the remainder of this clause, the parties agree that they will promptly meet to discuss and review the Security Fee annually from the third anniversary following the Commencement Date (the 'Review Date'). At the Review Date should the annual Passenger volumes have increased by a significant amount, above 50% of the current annual Passenger volume at the date of this Agreement, the Security Fee will be re-negotiated downwards and if the Passenger volumes have decreased by a significant amount, below 50% of the current annual Passenger volume at the date of the Agreement the Security Fee will be re-negotiated upwards. The SLAA shall give due and careful consideration to any comments or concerns raised by Westminster but subject to the remainder of this clause shall have the final decision on any Security Fee increase. Notwithstanding the previous sentences, the minimum annual increase of the Security Fee shall be at the annualised rate of change taken from the most recently published Consumer Price lndex (CPl).
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Interesting to note that the contract to which Big Eyres referred confirms that if pax volume increases...or decreases, significantly. then WSG fee will be re-negotiated--- pretty much as you would expect given the economy of scales that I mentioned earlier.
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