We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Name | Symbol | Market | Type |
---|---|---|---|
Heathrow6.45% S | LSE:88BX | London | Medium Term Loan |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.25 | -0.23% | 106.15 | 103.80 | 108.50 | 106.15 | 105.25 | 105.50 | 0 | 08:08:21 |
TIDM88BX TIDM10FX
RNS Number : 0628C
Heathrow
17 January 2018
07.00 17(th) January 2018
Heathrow Expansion Gathers Momentum as Consultation Takes Off
-- 10-week consultation offers the public an opportunity to shape Heathrow's future and how the airport will serve local communities and the UK economy
-- Heathrow is seeking views on options to deliver and operate an expanded airport, alongside principles of new airspace design
-- Consultation is latest delivery milestone and comes ahead of a Parliamentary vote in the first half of 2018 on a National Policy Statement for a new north-west runway at Heathrow
The planning process for Heathrow expansion is now firmly underway, as the airport today launches what is set to be one of the largest public consultations in the country's history.
Heathrow's consultation is a major milestone in delivering an expanded airport - Europe's largest privately funded infrastructure project, and the best way to keep the UK connected to global growth. For the next ten weeks, Heathrow will seek views on how to shape its plans so it can deliver the huge opportunities of expansion while keeping to the promises it has made to local communities and meeting strict environmental tests.
Over the past year, Heathrow has been working alongside local stakeholders and airline partners to evolve the plans it submitted to the Airports Commission. This engagement has identified options to deliver an expanded hub airport for GBP2.5 billion less than previous plans - savings to help make sure airport charges stay close to today's levels. These options can be delivered without compromising on the expansion commitments Heathrow made to local communities - including a world class property compensation scheme, the pledge to introduce a 6.5 hour ban on scheduled night flights and the promise to only release new capacity if air quality limits can be met.
The consultation launched today will be an opportunity for the public to view Heathrow's emerging proposals and options in detail and provide feedback on them. It will be composed of two parts - the first relates to the physical changes to the ground needed to build a new north-west runway and operate an expanded airport. Feedback is being sought on potential infrastructure options including:
-- Three shortlisted options for the new north-west runway with length varying from between 3,200 and 3,500 metres
-- Potential locations to expand terminal infrastructure: east of Terminal 2, west of Terminal 5 or a new satellite terminal by the new runway
-- Proposed alignment of the M25: repositioning it approximately 150 metres to the west, and lowering it by 7 metres in a tunnel and raising the runway height so it passes over the M25
-- Options for changes to local roads and possible changes to two junctions leading to the M25
The airport is also asking for the public to review its plans to manage the effects of expansion on local communities and the environment.
The second part of the consultation relates to potential principles, or 'rules', that could apply when designing the new airspace required for an expanded airport. Airspace across the country is being modernised as it has changed little since the 1960s. Changes to airspace will ultimately improve resilience and punctuality for passengers while reducing noise, emissions and the number of late-running flights for local communities. At this early stage, future flight path options are not being consulted on.
Responses can be submitted until the 28th March at any of the 40 consultation events held across communities surrounding the airport and also online, via email or post. Views heard in Heathrow's consultation will help to shape and refine the airport's proposals, which will then be subject to a second public consultation next year. Parliament is expected to vote on a National Policy Statement in the first half of this year, which will set out the policy framework for Heathrow's final planning submission.
Emma Gilthorpe, Heathrow's Executive Director Expansion, invites local residents and stakeholders to take part in the consultation, saying:
"When the government announced its support for Heathrow expansion it made a clear commitment to keeping Britain open for business. We want an expanded Heathrow to be the world's best airport, ensuring that our country and its future generations have the infrastructure they need to thrive.
"We need feedback to help deliver this opportunity responsibly and to create a long-term legacy both at a local and national level. Heathrow is consulting to ensure that we deliver benefits for our passengers, businesses across the country but also, importantly, for those neighbours closest to us."
--Ends--
NOTES TO EDITORS:
More information about Heathrow's consultation on expansion - including dates, times and locations of consultation events - is available on our website: www.heathrowconsultation.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCGGURAGUPRGMQ
(END) Dow Jones Newswires
January 17, 2018 02:00 ET (07:00 GMT)
1 Year Heathrow6.45% S Chart |
1 Month Heathrow6.45% S Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions