Lack of airport capacity “costs UK up to £14billion a year”

11:13 15 November 2012

Heathrow Airport has released a report on aviation. Pictured is Terminal 5 at the site. Picture: BAA Airports Limited

Heathrow Airport has released a report on aviation. Pictured is Terminal 5 at the site. Picture: BAA Airports Limited

Photo © BAA Airports Limited. Strictly for BAA related articles only - strictly not for use in generic airport / aviation articl

The lack of capacity at Heathrow Airport is costing the UK up to £14billion a year, according to a report commissioned by the airport.

The research from Frontier Economics says that the UK’s connectivity needs can only be met by a single hub airport which is “home to British Airways”, meaning the expansion of Heathrow or the replacement of the site with a new hub airport.

The report, One Hub or None, sets out the current situation at Heathrow before arguing for a single hub airport.

It says: “International connectivity through a hub airport supports economic growth. UK businesses trade 20 times more with emerging markets with daily flights than those with less frequent or no direct service. In addition, the rate of growth in UK trade is substantially lower where daily flight connections with Heathrow are not available.

“Yet constraints at Heathrow - which is running at over 99 per cent capacity - mean that the UK is unable to serve growing international demand. Heathrow is permitted 480,000 flights a year. All four of Heathrow’s competitor European hub airports - Paris, Frankfurt, Madrid and Amsterdam - have enough runway capacity to serve around 700,000 flights per year.

“As a consequence Heathrow is slipping out of the Premier League of Europe’s international hub airports. Paris and Frankfurt will push Heathrow into third place in Europe within the next 10 years.”

Having two hub airports, or a split hub, will not work, says the report, which argues instead for just one hub airport.

It says: “Only a single southeast airport, home to British Airways, can operate as a hub.”

One Hub or None sets out three options for the UK government - doing nothing and letting the UK fall behind its “European competitors at the cost of lost growth and jobs”; adding additional capacity at Heathrow; or closing Heathrow and replacing it with a new hub airport.

Colin Matthews, Heathrow’s chief executive, said: “If anyone was still in doubt about the importance of aviation to the UK economy, today’s report should lay those doubts to rest.

“We’re already losing out on up to £14bn of trade a year – and that could almost double by 2030.

“The new work we are publishing today shows that only a single hub airport can meet the UK’s connectivity needs and the choice is therefore between adding capacity at Heathrow or closing Heathrow and replacing it with a new UK hub airport.”

Latest London transportation news

Friday, May 27, 2016
A Bakerloo Line carriage (Photo: Peter Skuce)

There is currently no service on the Bakerloo Line between Piccadilly Circus and Queens Park after a man was hit by a train at Edgware Road.

Friday, May 27, 2016
(Image: TfL)

TfL have updated the Tube map, so now the humble tram can finally take its rightful place alongside its Underground brethren.

Wednesday, May 25, 2016
Here's how the shiny new trains look on the outside (Photo: Thameslink)

Spacious new Thameslink trains have been revealed – and you can see inside them here.

Tuesday, May 24, 2016
The Night Tube map showing which services will run all night

Just 24 hours after the Night Tube launch date was finally officially announced, London Underground maintenance and engineering workers have voted to go on strike in a continued dispute over pay and staffing levels.

Monday, May 23, 2016
The girl was struck by a train at Catford Bridge station (	Photo: Sunil060902)

A schoolgirl was hit by a train at Catford Bridge during this morning’s rush hour.

Monday, May 23, 2016
The road by the station has been blocked off by the police (Photo: Chris @Southern_Trax)

Southeastern trains were unable to run on the Woolwich line this afternoon when an unidentified object sparked a security alert at Erith station.

What is this?

Near You Now

Don't Miss...

Competitions

Win a BMW 1 series

There are fewer cars currently on the market more stylish and exciting than the BMW. Known all over the world as one of the best car manufacturers, the BMW is renowned for sleek designs and fantastic high quality workmanship.

Read more
Kindle 7 inch tablet

Are you looking for a brand new gadget to help you stay connected on the go and make that long journey home a bit more entertaining? Look no further. MyOffers is giving you the chance to win 1 of 50 Kindle Fire 7” Display Tablets! That’s 50 times more chances to win, so hurry up and enter our competition today and you could be one of our lucky winners!

Read more

Latest Tech News

Transport