Interesting report that has been commissioned by Ferrovial published earlier today highlights that Heathrow is losing the battle for new routes to lucrative merging markets. In particular to far east cities including Manila, Guangzhou and Jakarta to other european hub airports like CDG & FRA.
The report said that international hub airports like Heathrow were “crucial” to promoting a country’s economic growth.
It claimed that UK businesses did 20 times as much trade with countries where there was a direct connection than with countries where there was not.
Item here from Heathrow website:
BAA Heathrow: UK risks being cut off from growth by poor trade links, says new study