Tag: Heathrow Airport

Take-off in Heathrow Hotel Demand forecast following Third Runway recommendation

Posted on 3 July, 2015 by Chris Grigorovsky under Business News

Following the Airport Commission’s recommendation for a third runway at Heathrow, Savills has forecast that the hotel sector will see demand rise by 42 per cent - equivalent to an additional 3,500 rooms. Savills also reports that the ten year average... Read More

Heathrow Closure would Lead to Huge Job Losses says Report

Posted on 26 October, 2013 by Jodee Redmond under Economy

A report prepared for the Mayor says that unemployment will increase by up to 14,000 around Heathrow if the airport closes. If the airport was closed down in 2029 and the site was bulldozed for a major residential development, the number of jobless in the... Read More

Heathrow Unveils Third Runway Plan

Posted on 19 July, 2013 by Kirsten Kennedy under Business News, Uncategorised

With international businesses now playing a key role in the British economy it has thrown into sharp relief the need for higher levels of airport capacity – with London being one area affected by this issue in particular. Several plans have been put... Read More

MPs Argue Against Thames Estuary Airport

Posted on 11 May, 2013 by Kirsten Kennedy under Commercial Developments

Select Committee Rejects Boris Island For some time now, speculation has been mounting over the potential construction of a brand new UK Hub airport. Industry experts have argued that Heathrow no longer has the capacity to cope with an ever-increasing number... Read More

Heathrow Announces Plans to Bump Up Prices

Posted on 17 February, 2013 by Kirsten Kennedy under Business News

Aviation officials in the UK have recently spent a significant amount of time debating the future of the country’s airports. At present many do not believe that Heathrow Airport is able to fulfil its role as Britain’s only Hub airport with the current... Read More

Heathrow Posts Record Footfall in 2012

Posted on 21 January, 2013 by Kirsten Kennedy under Business News

Last summer’s poor weather had a knock on effect in many areas of the UK economy. Drowned crops failed to produce a good harvest leaving both farmers and supermarkets with added costs. In addition widespread flooding led to many businesses being forced to... Read More

Chinese Wealth Fund Buys Stake in British Airports

Posted on 5 November, 2012 by Kirsten Kennedy under Business News

China Investment Corporation (CIC), the sovereign wealth fund, has purchased a 10 per cent stake in Heathrow Airport Holdings. The firm which controls the UK’s largest commercial airport also owns other nationwide airports such as Glasgow, Stansted and... Read More