Heathrow London Airport wants to invest 10 billion in 5 years

Nevertheless,

Heathrow london airport wants invest:

Keystone-SDA

Heathrow’s London Airport. Furthermore, the first in Europe in terms of travelers, intends to invest 10 billion pounds (10.8 billion francs) by 2031. Similarly, Objective: modernize its facilities and increase the number of passengers. For example, – Heathrow london airport wants invest

(Keystone-ATS) The plan unveiled on Friday, which must be validated by the British civil aviation authority (CAA), “will improve the level of service, increase reliability” and “create new fairs, shops and restaurants”, argues Heathrow in a press release. It is added to 2.3 heathrow london airport wants invest billion investments announced last year.

The shareholders intend to inject 2 billion. but the rest must be funded by a substantial increase in a fee billed to carriers (which generally affects the price of tickets).

Heathrow will therefore have to obtain the green light from the CAA. which on the contrary has imposed pricing drops in the platform in recent years, and convincing airlines, standing against the tariffs deemed excessive of the airport.

The main shareholder of Heathrow Airport Holdings is the French Ardian (which holds 22.6%but announced in February an agreement to rise to 32.6%), followed by the investment authority of Qatar (20%), and the Saudi public fund PIF (15%).

The London Hub hopes that its plan will allow it to increase the number of passenger by its terminals by 10 million per year. an increase of 12%.

The airport opened in 1946 also obtained in January the green light from the British government heathrow london airport wants invest for the construction of a third track. after years of appeal brought by residents.

This should be completed by 2035. according to current projections-but its financing, which could total tens of billions of pounds, is not yet completed.

heathrow london airport wants invest — Heathrow london airport wants invest: Keystone-SDA Heathrow’s London Airport. the first in Europe in terms of travelers, intends to invest 10 billion.

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