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With STN being run almost exclusively for Ryanair and LGW reaching saturation point it will be interesting to see if LHR wins the 3rd runway
If R3 gets approval and is actually ever built Luton Bristol and to lesser extent Gatwick will be blighted !
Contrary to the myth marketing the VAST majority of those potential 160,ooo slots created won't be either ring fenced domestic or long haul but rather more short haul (thats where almost all expected growth will come from !)
And that also means Easyjet (they are the only large and vocal carrier to express an intent to apply for large numbers of slots) will look to focus on Heathrow access in a big way.
Such growth from standing start can only be negative to their current operations relatively close by imo.