China takes 5.7% stake in Heathrow

Ferrovial sells stake in Heathrow Airport Holdings to sovereign wealth fund China Investment CorporationHeathrow is now part-owned by the Chinese state after the country’s sovereign wealth fund acquired a 5.7% stake in the UK’s largest airport.The deal means Heathrow will be more than 40% controlled by the Chinese, Qatari and Singaporean governments, dwarfing the 34% […]
Continue reading…

Enjoyed this post? Share it!

 
 

Boris Johnson renews attack on government over airports

London mayor criticises delay in making decision and says new hub should be developed at Thames estuary or StanstedA new 24-hour four-runway hub airport to replace Heathrow should be developed immediately at Stansted or in the Thames estuary, Boris Johnson said on Thursday, as he criticised the government for delaying new runways and revealed that […]
Continue reading…

Enjoyed this post? Share it!

 
 

Heathrow’s third runway: noise grows, but will it happen?

Environmentalists and those living under the flight path are ready to fight if the Conservatives resurrect expansion plansSomehow, the noise never seems that bad from the actual airport. It certainly doesn’t sound bad from Westminster. But in Hounslow, the London borough under the flight path for Heathrow’s two runways, the planes loom unfeasibly large as […]
Continue reading…

Enjoyed this post? Share it!

 
 

Stansted will get next runway in south-east, says Ryanair boss

Michael O’Leary believes next new runway in region will be at Essex airport, but Heathrow third is ‘inevitable’Ryanair boss Michael O’Leary has said he believes the next runway built in the south-east would be a second at Stansted, as he outlined his interest in bidding to run the Essex airport. But he added a third […]
Continue reading…

Enjoyed this post? Share it!

 
 

Yeo’s runway taunt is big-willy politics, and that is the most dangerous politics of all | Simon Jenkins

The third runway appeals to paranoid machismo, not reason. A recession is no excuse for pushing through dumb projectsBig-willy politics is back. If we do not build a third runway at Heathrow, says Tory MP Tim Yeo, Britain will “slide towards insignificance”. Britain will leave the premier league, lose out to China and become a […]
Continue reading…

Enjoyed this post? Share it!

 
 

BAA vows to fight against Stansted airport sale

Heathrow owner vows to fight sale after court of appeal upholds decision by Competition Commission made in FebruaryHeathrow owner BAA has vowed to continue its legal fight against the forced sale of Stansted airport, after the court of appeal on Thursday upheld the original Competition Commission ruling.BAA was appealing against the competition appeals tribunal’s verdict […]
Continue reading…

Enjoyed this post? Share it!

 
 

Heathrow queues unacceptable, says airport operator

BAA says Home Office should be delivering good service for regular passengers as well as Olympic visitorsPassport queues at Heathrow have been “unacceptably long” during peak periods in the last few days, the airport operator has told Home Office ministers.”The Home Office should be delivering a good experience for regular passengers as well as Olympic […]
Continue reading…

Enjoyed this post? Share it!

 
 

Heathrow traffic hit by European crisis

BAA says passenger numbers between Heathrow and Greece dropped 11.3% compared with May last year, with Italy traffic falling 9.2% and Spain by 2.5%Heathrow owner BAA has reported a steep decline in passengers from countries at the epicentre of the eurozone crisis, with traffic from Greece, Portugal, Italy and Spain entering a marked slump last […]
Continue reading…

Enjoyed this post? Share it!

 
 

BAA’s third Heathrow runway plans back on the agenda

Heathrow expansion proposals can be submitted and upcoming government policy revamp could head off BAA legal actionThe government will not block BAA from submitting proposals for a third Heathrow runway in a forthcoming revamp of policy on aviation hubs, in a move that heads off the threat of legal action by the airport owner.A senior representative […]
Continue reading…

Enjoyed this post? Share it!

 
 

Official figures show scale of Heathrow chaos

New figures published as home secretary, Border Force and airlines discuss how to deal with next week’s one-day strikeOne in four of all non-European passengers arriving at Heathrow’s Terminal 5 during April had to wait longer than the target time of 45 minutes to get through passport control, according to official airport figures.Airports operator BAA […]
Continue reading…

Enjoyed this post? Share it!