UK Regulator Orders Heathrow to Open Third Runway Bids to Rivals
The UK regulator has mandated that Heathrow Airport must allow rival companies to bid for the construction of its third runway. This decision aims to reduce costs associated with the airport's expansion project.
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Heathrow must allow rival to bid to build third runway, UK regulator says
Civil Aviation Authority is seeking to reduce costs on £31bn project
Read full article →Heathrow could be forced to allow other firms to build third runway to cut costs
Under aviation regulator proposals rival companies would bid to design and build parts of airport expansion Heathrow could be forced to allow other companies to design and build its third runway and new terminal after the UK aviation regulator argued that rival bids could keep construction costs down. A long-awaited review by the Civil Aviation Authority (CAA) proposes changes to the regulatory model that governs how Heathrow runs and covers its costs. Continue reading...
By Mark Sweney
Read full article →Heathrow expansion could be delivered by rival company, regulator says
The Civil Aviation Authority announced that an alternative developer model is among four shortlisted options.
By Neil Lancefield
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