IAG opposes £49 billion third runway for Heathrow, fearing sharp increase in fees

IAG

Norbolsa | The British government has approved Heathrow’s expansion plan to build a third runway valued at £49 billion. The project, which involves moving a section of the M25 motorway, demolishing 700 homes and meeting complex environmental requirements, aims to increase capacity to 150 million passengers by 2035. The investment has been opposed by IAG, the airport’s main operator, which fears a sharp increase in fees and questions the economic viability of the project.

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