* IAG, Heathrow's largest airline operator by far (incorporating British Airways) opposes the R3 proposal unequivocally.
Agreed!!! (not)
More competition and lower fares driving demand upwards is bad news in the short term as they then need to fight harder for market share by upping spending on new aircraft and hard product to remain competitive. Simply awful for short term shareholder value. They would much prefer a closed monopoly, and while we're at it, maybe send DL and VS back to Gatters?
BA will survive and prosper, they're big and ugly enough to deal with this, remember the dire warnings about opening up LHR to new entrants in 1991? God I'm getting old...