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You are here: Home / Heathrow expansion: no ‘gold-plated’ third runway, says transport secretary

Heathrow expansion: no ‘gold-plated’ third runway, says transport secretary

The transport secretary has warned Heathrow that the third runway must provide value for money. Chris Grayling said that while “expansion is long overdue”, it must be cost-efficient. “Heathrow’s customers should not pay for a ‘gold plated’ solution,” he said. Read more Edinburgh Airport overtakes Heathrow for domestic passengers Airlines say that the airport already has the highest charges in the world, and are demanding there should be no increase during or after the completion of a project estimated to cost £14bn. They are led by Willie Walsh, chief executive of BA’s parent company IAG. In October 2017, Mr Walsh called Heathrow’s third runway plans a “ridiculous glory project”. But the government has stopped short of making any guarantees on costs, pledging only “to keep airport charges as close as possible to current levels”. The Civil Aviation Authority has been commissioned to act as a go-between in airport-airline negotiations. Tim Alderslade, chief executive of Airlines UK, said: “Airlines support expansion at Heathrow as it’s best placed to deliver the biggest gains to passengers and the wider economy.  “Expansion is paid for not by Heathrow but by airline customers in the form of charges. Heathrow must not increase these to pay for a disproportionately… Read full this story

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Heathrow expansion: no ‘gold-plated’ third runway, says transport secretary have 431 words, post on www.independent.co.uk at May 23, 2018. This is cached page on CHUTEU. If you want remove this page, please contact us.

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