As the government gives the go-ahead to expand Heathrow, should it have approved Gatwick too? October 25, 2016 Paul Wait, chief executive of the Guild of Travel Management Companies, says Yes. There is a simple but solid economic argument that a runway at Gatwick should be approved alongside one at Heathrow. Increased capacity at both airports would offer greater connectivity for passengers travelling to both short haul and long haul destinations, and offer businesses [...]
The Heathrow expansion decision has made other UK airports antsy October 25, 2016 The government giving Heathrow expansion the green light has sparked demands from other UK airports. The likes of Gatwick, Birmingham and Stansted all have growth aspirations and have stressed the need for a new aviation policy that consults them so future decisions aren’t so drawn-out. Ken O’Toole, chief executive of Manchester Airport, noted that airports across [...]
JetBlue Airways’ share price falls following third quarter release October 25, 2016 JetBlue Airways' share price fell by over three percent in pre-market trading after announcing its third quarter results. The company reported an operating income of $345m (£130m) in the third quarter, a one per cent increase from the same quarter in 2015. The low-cost airline, the fifth largest domestic carrier in the US, mainly serves internal flights within [...]
Gatwick boss: Heathrow is not the right answer for Britain October 25, 2016 Gatwick has criticised the government's decision to give Heathrow expansion the go-ahead, but said it "stands ready to proceed when the time comes". The airport had been mulling over its response to the news and a few hours after the story broke, chief executive Stewart Wingate said: "We are disappointed as we do not believe this is the right [...]
The winners and losers of Heathrow expansion October 25, 2016 The airport expansion decision has finally been made, with Heathrow getting the go-ahead after numerous delays. And while many have welcomed the announcement, others haven't been quite so supportive. Here are some of the biggest winners and losers of the government's decision. WINNERS Heathrow (obviously) It's been a tense wait for the airports involved, with [...]
Boris Johnson says third runway at Heathrow “will be stopped” October 25, 2016 Foreign secretary Boris Johnson has said a third runway at Heathrow is "undeliverable", after the government gave the airport's expansion plan the green light earlier today. "I think it very likely it will be stopped," Johnson added. The former London mayor has been set against expansion of the west London airport for years now. He previously [...]
Heathrow expansion gets the green light – the airlines react October 25, 2016 The government has given the green light to Heathrow's plans for a third runway, after several delays and months of wrangling between the airport and its rivals. Transport secretary Chris Grayling said today that a new runway at Heathrow "will improve connectivity in the UK itself and crucially boost our connections with the rest of the [...]
Heathrow legal fight “far from over”, says council October 25, 2016 Wandsworth council's leader has warned that the Heathrow fight is "far from over", after the government gave the airport the green light for expansion. Wandsworth is one of a group of councils that had already pledged to launch legal action should the decision be made. Reacting to the airport expansion decision, Wandsworth council leader Ravi Govindia said: "This is deeply distressing [...]
Zac Goldsmith intends to resign as Tory MP after annoucement to expand Heathrow October 25, 2016 Zac Goldsmith, the Conservative MP for Richmond Park and North Kingston has said he intends to resign and force a by-election after the government announced it would approve plans for a third runway at Heathrow this morning. The Huffington Post reported that the MP has told his local association that he intends to honour his [...]
How businesses reacted to the Heathrow decision October 25, 2016 It's taken a while, but businesses have welcomed the news that Heathrow expansion today got the go-ahead from the government. The IoD: "The Davies Commission process set up a false choice between Heathrow and Gatwick" Dan Lewis, senior adviser on infrastructure policy at the Institute of Directors, said: "Business will welcome the fact that the [...]