British Airways welcomes plans to cap charges at expanded Heathrow

The chief of IAG welcomed Britain's commitment to cap airline charges in its plans to build a new runway at Heathrow. In choosing Heathrow, the govt said that the British aviation regulator would work with the airport and the airlines to ensure the new runway plan is affordable and keeps landing charges per passenger that are paid by airlines close to current levels. That condition was welcomed by IAG CE Willie Walsh. "The govt's directive to cap customer charges at today's level is fundamental," Walsh said. "We will be vigilant in ensuring that Heathrow does not raise charges to benefit its shareholders to the detriment of the travelling public." British Airways is Heathrow's biggest airline, accounting for more than 50% of the available take-off and landing slots. <br/>
Reuters
http://www.nytimes.com/reuters/2016/10/25/business/25reuters-britain-airports-iag.html
10/25/16