Heathrow terminals should be opened up to competition, says IAG

Heathrow terminals should be run by companies other than the airport operator, IAG said Monday, continuing its long-standing call for lower costs at the airport. IAG said in a submission to the CAA that bringing in third parties such as airlines themselves to run parts of Heathrow would create competition and keep down costs. In Oct 2016 Britain backed an expansion of the London hub airport that will cost more than GBP14b. The green light followed decades of govt indecision, but airlines including BA want the cost of a new runway to be minimised to keep a lid on their fares. BA is Heathrow's biggest airline customer, accounting for more than 50% of its take-off and landing slots, and IAG has previously said it would look to expand elsewhere if a new runway at Heathrow resulted in higher fees. <br/>