What they don't say (natch) is how much they expect to have to pay OUT to close EGLL. Would you like to start the bidding as to what BA (+ One World) and VS and Star and Team would want to pay for their costs and loss of business??
Don't forget all the carriers who have paid millions for LHR slots, they'll also want compensating, as will SEN and MSE which will also have to close. Then there are the businesses that have moved and the international companies that have their European HQ near LHR. They'll also want a piece of the action.
Can forsee years of litigation and some very rich lawyers.
'200,000 new jobs'?? What about the jobs lost? How many would be moving? Etcetera.
Yes, this should not be underestimated. So where will those who live on "Heathrow housing estate" actually work? It's not really been thought through properly!
Still, it brightened up a rainy Monday afternoon
Quite.
Does anybody know how this proposal would/does affect LCY?
Possibly LCY could escape closure, but it's by no means certain.
I know the argument goes that LHR would need to close otherwise nobody would actually leave there and move to the new Boris/Silver/Britannia/Fantasy Airport, but with regards LCY surely there would be more than a little conflict in terms of airspace, and perhaps also in terms of business model seeing as the new airport would be much closer to Canary Wharf and therefore remove much of the benefit of LCY?
Happy to be enlightened...!
This is the rub: no carrier will go to the estuary if LHR remains open.
It's too expensive to close LHR.
As for closing and replacing LHR, that particular ship sailed decades ago.