3-May-2011 1:18 PM
BAA concedes: Heathrow is in decline
BAA stated that London Heathrow Airport has "no long-term future as a major hub airport" (The Sunday Times, 01-May-2011). The airport operator believes it can maintain Heathrow's position as the world's busiest international airport for 15 years "at the very best", before the government's refusal to increase runway capacity will result in growth moving to the competing hubs of Paris CDG, Frankfurt, Amsterdam and Madrid Barajas. London Heathrow fell to the fourth busiest airport in the world in 2010 from second in 2009, falling behind Beijing Capital and Chicago O'Hare.