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 [...]
City Airport expansion cleared for take-off February 4, 2015 London City Airport has been given the go-ahead for a £200m expansion by Newham Council. Airport chief executive Declan Collier yesterday welcomed the decision as “great result for the capital”. Under the plans, the airport will triple in size by 2023.
London City Airport given green light for £200m expansion by Newham council February 4, 2015 London City Airport has been given the go-ahead for a £200m expansion by Newham Council. Airport chief executive Declan Collier welcomed the decision as "great result for the capital". Under the plans, the airport will triple in size by 2023 so as to accommodate larger aircraft with routes extending beyond Western Europe to reach [...]
Gatwick and Heathrow told to compensate residents or risk thwarting expansion plans February 3, 2015 Heathrow and Gatwick airports have been warned by the UK's airports regulator that they must do more to compensate nearby communities if they wish to go through with their runway expansion plans. The Civil Aviation Authority (CAA) claimed that the two airports risked alienating local communities and losing political support if they did not improve [...]
Top City boss Martin Gilbert: Get a move on with London airport expansion February 2, 2015 Leading City figures – including the boss of a FTSE 100 company – are calling on the UK’s big political parties to make a quick decision on boosting London’s airport capacity. Nearly two-and-a-half years after the government set up a commission to look into the need for more runway space in the south east, politicians are [...]
London airport expansion: Parties must pledge action now before we fall further behind February 2, 2015 Today, the Airports Commission’s public consultation on the three shortlisted proposals for airports expansion – which include a third runway at Heathrow, extending an existing Heathrow runway, or a second runway at Gatwick – at long last comes to an end. By the time Sir Howard Davies publishes his final recommendations later this year, we [...]
Manufacturers want Heathrow expansion plan January 29, 2015 HEATHROW’S bid to build a third runway received a boost this morning after a leading business group added support for the plan just days before a consultation on airport expansion options closes. EEF, the manufacturers’ organisation, conducted a survey that reveals 80 per cent of companies surveyed back expansion of Heathrow over rival Gatwick. The [...]