MPs with constituencies near airports could be excluded from runway decision June 11, 2015 MPs whose constituencies are close to Heathrow or Gatwick may be excluded from having any input on the decision over where Britain's next runway is built. The government is under pressure to ban the MPs from a parliamentary group led by Crispin Blunt, Conservative MP for Reigate. The move comes as a final report is [...]
Heathrow or Gatwick runway expansion? Business groups slam delay over airports action June 10, 2015 Politicians must act quickly to implement the recommendations of the Airports Commission or risk being accused of dithering, business groups said yesterday, hitting out at reports that it could be early 2016 before any government action is taken. The commission, overseen by ex-City watchdog Sir Howard Davies, has been looking into the state of [...]
Segro boss David Sleath: Hurry up with Airports Commission decision June 9, 2015 The chief executive of a FTSE 250-listed real estate investment trust (REIT) has written an open letter to the body charged with deciding whether to expand Heathrow or Gatwick, calling for an "end to indecision". Read more: Stop the dithering – Cameron needs to make an early call on airport expansion Segro's David Sleath urged [...]
Stop the dithering: David Cameron needs to make an early call on Heathrow or Gatwick airport expansion May 19, 2015 As MPs arrive in Westminster to take their seats in the House of Commons this week, one of the bigger decisions they will face – and one which I believe must be taken urgently – is the decision to build a new London runway. Having spent almost three years rigorously examining all the evidence, [...]
Easter holidays and rise in emerging market routes boosts Heathrow airport passenger numbers May 11, 2015 Heathrow airport saw passenger numbers rise over the recent Easter getaway period. Last month, the hub had 6.14m passengers pass through it. This is a 1.2 per cent rise over March and April from the same time last year, including the early Easter break. There was also a boost in transfer passengers using the airport, [...]
Gatwick airport traffic levels soar again as report on expansion looms May 10, 2015 Passenger traffic at Gatwick airport rose for the 26th month in a row this April, with 3.2m passengers travelling through the airport last month. The busiest European route from Gatwick remained Barcelona, which saw traffic increase by 0.2 per cent from April 2014, totalling 113,200 passengers. The biggest growth came on the North Atlantic route [...]
Battle of the runways: Record airport traffic at Heathrow and Gatwick April 13, 2015 The bitter battle between Heathrow and Gatwick airports to build London's next runway just became more heated, after the pair both reported record traffic for March. Heathrow said passenger numbers hit 5.95m during the month, an increase of 3.4 per cent on the same period last year, making last month its busiest ever March. It [...]
Rothschild hired to advise on financing Heathrow or Gatwick airport runway expansion April 9, 2015 Investment bankers at Rothschild are working for the Department for Transport, it emerged yesterday, as officials want to work out how the Heathrow or Gatwick runway expansion could be financed. Sir Howard Davies is leading a commission looking at the different proposals to increase capacity at the airports, which each come with varying price tags. [...]
Gatwick Airport slams new findings on Heathrow as “manufacturing an outcome to support third runway ambitions” March 16, 2015 Gatwick Airport has hit out at the findings of the National Connectivity Taskforce (NCT), which singled out Heathrow as being in need of government attention. The two London airports have been at loggerheads for months as they both attempt to gain approval to construct a new runway. A decision on which one of the capital’s [...]
London Heathrow blames 10 per cent fall in full-year profits on need for expansion February 23, 2015 London's biggest airport says limited space is preventing it from competing with European rivals. The figures In its full-year results for 2014, Heathrow airport reported a revenue of £2.69bn – 8.8 per cent higher than in 2013. It also said customer satisfaction was higher than at any other European hub airport, with more passengers [...]