Heathrow CEO warns missing third runway would be lost opportunity for UK
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Heathrow Airport chief executive Thomas Woldbye said that not building a third runway would be a huge missed opportunity for the United Kingdom and that if owners could not invest in the runway, the money would be invested elsewhere in the world.
The Department for Transport is reviewing responses to a consultation and the government said it supports airport expansion that meets environmental tests; expanding Heathrow could deliver about £40 billion in economic benefits, the runway would cost an estimated £33 billion, and could raise the annual flight limit from 480,000 to 720,000 while the airport already serves more than 80 million travellers a year.