IAG head questions UK's will to solve airport crunch - report
LONDON (Reuters) - Britain's leadership lacks the political will to allow a third runway at Heathrow airport, the head of International Airlines Group Willie Walsh said in a newspaper interview published on Thursday.
Walsh told the Financial Times that expanding Heathrow, which serves as Britain's main hub, with a third runway offered the quickest solution to the UK's airport capacity crunch.
"I'll bet you that in 2050, British Airways will be flying from a two-runway airport at Heathrow," Walsh is quoted as saying.
"It is not that I lack ambition. It is that the people who we need to address these issues lack ambition, and lack the balls to take tough decisions in the interests of the long-term economic development of the UK."
IAG is the owner of British Airways and Iberia.
Expansion at Heathrow, owned by Ferrovial's BAA and operating at about 98 percent capacity, has been ruled out by the Conservative party.
Walsh called on the government to reconsider their opposition to the expansion of Heathrow, which is falling further behind rival European airports in the battle for lucrative routes to emerging markets, according to a recent study.
He also said Britain needed a four-runway airport in the long-term, but acknowledged suburban Heathrow was unlikely to be the location.
Calls for a new international airport in south-east England at the Thames Estuary, often referred to as Boris Island, after its high-profile backer, London's mayor Boris Johnson, have gathered pace in recent months.
(Reporting by Stephen Mangan; Editing by Michael Urquhart)
- Tweet this
- Share this
- Digg this
DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.