UK's Conservative Party is reportedly open to the option of building a third runway for London Heathrow Airport, according to a 13-Jun-2013 report in the Financial Times. Prime Minister David Cameron would not rule out the Conservatives campaigning at the next election for the runway, whilst the current coalition agreement does not allow for it. The time and cost of construction for a new Thames Estuary airport is believed to be a factor in the decision together with the knowledge that Heathrow is losing out to other European airports which are not already at full capacity.
UK Conservatives may be open to third runway for Heathrow
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Global Airport Development Conference 2016 report: Trump, Brexit, pipelines and PPPs. Part 1
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There was, inevitably, a political overlay to the event, with the (Jun-2016) UK referendum on continuing membership of the European Union (‘Brexit’), the (Nov-2016) election of President Trump in the US and associated ‘uncertainty’ dominating events.
Otherwise, the concern was, as always, the ‘pipeline’ of airport privatisation details, or rather the lack of them, while the hope was for the continuation of the trend towards PPP deals.
Philippine Airlines Part 2: more expansion to Australia and China as A321neos arrive in 2017
Philippine Airlines (PAL) is planning more international growth over the next year or two with a focus on Australia, China, the US and potentially Europe. Nonstops for Brisbane and more capacity for Sydney are in the pipeline for Australia, while in the Chinese market PAL is looking to launch Chengdu.
In Europe PAL is considering adding a second European destination in 2018, with Frankfurt and Rome under consideration. PAL has already added capacity to Europe this year by upgrading its London Heathrow service to daily.
This is the second in a series of analysis reports on the Philippines market. The first report focused on PAL’s Middle East operation, which could be reduced in 2017 amid intensifying competition and weakening demand.