What Happened
Airline Group Raises Concerns Over Exceptional Price Tag
British Airways owner International Airlines Group (IAG) has expressed concerns about the cost of London-Heathrow Airport’s planned expansion and third runway, citing a proposed $66 billion price tag as exceptional. In written evidence to the UK government’s Transport Committee, IAG suggested that the cost far exceeds comparable airport projects and called for affordability guarantees and cost controls. The airline group’s concerns come as the Transport Committee scrutinizes the draft Heathrow Expansion National Policy Statement. This development was first reported by AeroTime.