July 17, 2013 / 8:48 AM / 4 years ago

Britain's Heathrow airport submits three options for third runway

LONDON, July 17 (Reuters) - Heathrow airport bosses submitted three options for a third runway to Britain's Airports Commission on Thursday, describing them as cheaper and quicker to build than any rival hub option.

The options - which propose a third runway being placed to the north, north west or south west of the existing airport - would deliver extra capacity by 2025-29 for 14-18 billion pounds ($21-27 billion), said Heathrow, the British airport operator owned by Spanish company Ferrovial.

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