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19 November 2012 09:22
A study published by Heathrow says the lack of capacity at the airport is costing the UK £14 billion a year
The lack of extra capacity at Heathrow is costing the country £14 billion each year in lost business - increasing to £26 billion a year by 2030 - a new study published by the airport suggests.It may also be costing passengers' money on their
travel insurance due to more delays and missed flight connections. Airport bosses would therefore like to see a third runway built in west London..
The study also said that Britain required one hub airport in order to compete with the rest of the continent, but stressed that having two airports act in this role (dual-hub plan) was not an effective solution. Joining Gatwick and Heathrow airports (Heathwick plan) by a railway was also labelled as "unviable" in the study.
Economics consultants Frontier Economics, which prepared the study, said: "The choice for the UK is not between two hubs or one, but between one hub or none. Only a single airport can operate as a hub in the UK. That leaves three options for the UK Government: It can do nothing and let the UK fall behind its European competitors at the cost of lost growth and jobs; it can add additional capacity at Heathrow; or it can close Heathrow and replace it with a new hub airport."
21 October 2016
A union is warning of travel chaos over the Christmas period at four major UK airports, unless a baggage carrier transfers staff to other companies.
20 October 2016
Thousands of passengers faced travel chaos yesterday after rail service through the Channel Tunnel was suspended because of a power failure.
19 October 2016
People planning holidays from Gatwick Airport in the run up to Christmas could face travel chaos as unions threaten to strike over a pension dispute.
18 October 2016
Eurostar has said it will cut 12 services from London St Pancras to Paris and Brussels.
15 October 2016
Tourists in Thailand are being advised to "behave respectfully" and wear "sombre" clothing as the country mourns King Bhumibol Adulyadej.
14 October 2016
Holidaymakers are being warned to buy currency in advance as exchange rates being offered are as little as 0.96 euro to the pound at airports.
13 October 2016
Scientists say there is strong evidence air pollution and vitamin D deficiency can cause dementia.
12 October 2016
More people are going on holiday than at any time in the past five years despite terror attacks and the impact of Brexit, according to a study.
11 October 2016
People from across North Carolina had to be rescued from their homes as the downgraded Hurricane Matthew blew out to sea - leaving a trail of destruction in its wake.
04 October 2016
People travelling abroad is on the rise, according to the World Tourism Organisation (UNWTO)
08 October 2016
A hurricane pelting the coast of Florida and described as a 'monster' by a local official has brought chaos to the state, with flights cancelled, homes evacuated and theme parks shut.
07 October 2016
Low-cost airline easyJet says its profits will nosedive as terrorist attacks and air traffic control strikes are taking their toll on the company.