Heathrow passengers face higher fares as airport can recover early expansion plan costs
AI Summary
Heathrow Airport received approval from the Civil Aviation Authority to recover £320 million spent on developing its third runway expansion plan, leading to expected higher airline charges passed on to passengers over ensuing decades.
CAA says airport can recoup £320m through higher airline charges, which are usually passed on to travellers Heathrow passengers face decades of higher fares after the airport was given permission to recover early costs from developing its expansion plan. The Civil Aviation Authority (CAA) announced it had permitted Heathrow Airport Limited (HAL) to recoup £320m spent on its proposal to build a third runway since the start of last year. Continue reading...