Quantcast

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

Air India Warned Over Crew Fatigue and Training Failures Following Fatal Crash
Transportation Secretary Sean Duffy may deny flights from Mexico over broken aviation agreement
Plane Makes Emergency Landing After ‘Unruly’ Passenger Attempts to Open Exit Door Mid-Flight
American Airlines Launches Ultra‑Long‑Haul DFW–Manila Flights
Thousands of flights canceled or delayed across America's busiest airports
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
New Heathrow Security Rule Makes Packing Bags Easier for Travelers
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
FAA Drone Detection Testing
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
FAA Admits Uncertainty On Drone Numbers In U.S. Airspace, Raising Safety Concerns
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
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

Flying Food Group, Inc. has announced the recipients of its 2025 scholarships, with all five applicants receiving awards this year.

Oct 23, 2025

Dnata, a global provider of air and travel services, has entered into a joint venture with Azerbaijan’s Silk Way Group to launch ground handling and cargo operations at Alat International Airport, located in the Alat Free Economic Zone in Baku.

Oct 22, 2025

Delta Air Lines has announced the release of version 7.5 of its mobile app, introducing new features aimed at making travel planning and management easier for customers during the holiday season.

Oct 22, 2025

The Fair Work Commission has ruled that a former employee of dnata Airport Services was unfairly dismissed and awarded $36,468.39 in compensation.

Oct 22, 2025

The 13th Annual Breast Care International Walk for the Cure took place in Kumasi, Ghana, drawing around 30,000 participants, including survivors, healthcare professionals, students, traditional leaders, and advocates.

Oct 22, 2025

The Los Angeles International Airport (LAX) has announced the closure of Terminal 5 to allow for a significant redevelopment.

Oct 22, 2025