Quantcast

Chancellor Reeves: ‘Third runway at Heathrow essential for UK’s economic growth’

Emirates operates with SAF at London Heathrow Airport
British Airways Introduces Brunch Service on Long-Haul Flights
AirAsia FREE SEATS is BACK! - Book Cheap Flight now!
FAA Investigating After JetBlue Plane Skids Off Runway
Virgin Atlantic Offers Family-Friendly Holiday Packages
The Billion-Dollar Outlier That's Rescuing San Francisco Tourism
Alaska Airlines Adding More Boeing 787 to Boost Seattle Hub
Ryanair cancels 170 flights, disrupts over 30,000 passengers on French ATC strike
What to Know About Travel to Europe During This Record-Breaking Heatwave
Airport Workers Save the Day After Woman Loses Diamond from Her Engagement Ring in Baggage Carousel
I never talk to strangers on the plane. After my dad died, a passenger helped me talk about my grief.
American Airlines reveals new summer route: Miami → Rome
Budget UK airline launches huge sale with £29 flights to 475 holiday hotspots – but you’ll have to be quick
Delta Passengers Can Book a ‘Last Mile’ Private Jet Charter to Europe This Summer
Honeywell Runway Safety Technology Selected by Southwest Airlines for Fleetwide Installation
Southwest Airlines Adds Cockpit Alerts to Boost Runway Safety
This Airline Is Going to Start Handing Out $675 Fines to 'Unruly' Passengers: 'It Is Unacceptable'
Summer of savings? New analysis shows airfare has dropped significantly - The Points Guy
Travelers are taking extreme measures and using hacks to avoid airline baggage fees
Pigeons Cause Chaos on Delta Flight
United Airlines’ Uniforms Get A Facelift—And A Political Filter
United Continues to Face Catering Chaos at San Francisco
Passenger tries opening plane door mid-flight, gets zip-tied by veterans
Passenger Stows Away on Delta Flight from New York to Paris
Wizz Air becomes first airline to operate P&W-powered Airbus A321XLR jet
Hawaiian Airlines’ new ‘no show’ policy may make travel more expensive
BLIMP-SE OF THE FUTURE Luxury zeppelins of the future from ‘flying bum’ world’s largest aircraft to Google billionaire’s ‘impossible’ airship
Swiss Startup SmartFlyer Develops Hybrid-Electric Trainer
San Francisco-based entrepreneur takes a trip on India's worst-rated airline, his reaction will surprise you
First-Time Flyer at 81: A Grandmother's Memorable Journey
Chancellor Reeves: ‘Third runway at Heathrow essential for UK’s economic growth’
Airports
Webp s465rachelreeves
Chancellor Reeves | UK Gov

Rachel Reeves, the UK Chancellor of the Exchequer, said that constructing a third runway at Heathrow Airport is "essential for the UK's economic growth." She made this assertion during a press conference on January 29.

"Third Runway at Heathrow Essential for UK's Economic Growth," said Rachel Jane Reeves. "A third runway at Heathrow would unlock further growth, boost investment, increase exports, and make the UK more open and more connected. We cannot duck the decision any longer."

Following a record number of passengers and a profit increase of 31%, Heathrow Airport executives have expressed concerns about constrained capacity. In 2024, Heathrow reported a record 83.9 million passengers, marking a 6% rise from the previous year and surpassing pre-pandemic levels. Cargo volumes also increased by 10%, indicating strong demand for international trade. Despite these figures, Heathrow's annual revenue declined by 3.5% to £3.6 billion due to lower airline charges set by the Civil Aviation Authority (CAA).

Get the Newsletter
Sign-up to receive weekly round up of news from Sky Industry News
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

Heathrow CEO Thomas Woldbye emphasized that expansion is necessary to accommodate growing demand, warning that limited capacity could hinder future growth. "People want to travel, and that doesn’t seem to change, hence the need for a third runway also because we cannot grow much more with the current capacity," Woldbye said. The proposed new runway would increase flight capacity from 480,000 to 720,000 annually, potentially serving up to 140 million passengers per year.

According to The Times, Heathrow confirmed its intention to submit expansion plans to the government this summer but indicated that "policy changes are needed to deliver the project successfully." Reeves supported the expansion, urging for "further, faster" action to stimulate economic growth. However, industry experts remain skeptical about achieving her goal of opening the third runway by 2035 due to past delays and legal challenges.

Opposition to Heathrow’s expansion remains significant, particularly from environmental groups and local officials. London Mayor Sadiq Khan has pledged to oppose the project, citing its potential impact on communities such as Harmondsworth, which could face partial demolition. Former Prime Minister Boris Johnson previously opposed the expansion as well, stating he would "lie down in front of the bulldozers" to prevent it.

Heathrow Airport is located in west London and is Europe's busiest airport as well as the UK's largest aviation hub. According to their website, it connects over 180 destinations worldwide and plays a crucial role in the country's economy. The proposal for a third runway was first introduced in the early 2000s but has faced repeated delays due to environmental concerns, legal battles, and political opposition.

Organizations Included in this History
More News

A United States senator has raised concerns about the proposed partnership between United Airlines and JetBlue, known as "Blue Sky."

Jul 15, 2025

The McDonnell Douglas F-4 Phantom II, an iconic military aircraft, remains operational in limited numbers despite being over 60 years old.

Jul 15, 2025

Boeing's Dreamlifter aircraft has been making regular flights to Taranto-Grottaglie Airport in southern Italy, sparking curiosity among aviation enthusiasts and industry analysts.

Jul 15, 2025

Emirates has made a significant investment by purchasing four Airbus A380 aircraft from Doric Nimrod Air Three, a Guernsey-based investment company.

Jul 15, 2025

There are over 50 Delta Sky Clubs across the United States, with additional locations internationally.

Jul 15, 2025

Investigators from the National Transportation Safety Board (NTSB) considered withdrawing from the Air India Flight 171 crash investigation due to slow progress and a lack of transparency.

Jul 15, 2025