IAG CEO: Without regulatory change, Heathrow risking 'a new runway that is going to be empty'
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Background ✨
Heathrow submitted plans for a privately financed third runway, projecting a GBP21 billion investment and calling for policy change and regulatory reform to progress, while also unveiling extensive terminal and facility upgrades. The airport aimed to unlock significant economic and connectivity benefits, contingent on government feedback and regulatory adjustments, with competing proposals from Arora Group also being considered favourably by stakeholders such as IATA and IAG1 2 3.