Heathrow looking to increase landing fees | Heathrow looking to increase landing fees -

Heathrow looking to increase landing fees

: Wednesday, July 02 - 2014 @ 00:17

John Holland-Kaye, CEO of the UK’s largest airport, Heathrow, has said that the airport is looking to raise the landing fees it charges airlines by as much as 20% in order to secure a return on a £17bn investment in a third runway, the Financial Times has reported. The company proposed increasing the “aeronautical charge” from £20 per passenger to £24, he said. Landing fees are the biggest single source of revenue for Heathrow and were worth £1.5bn last year. They are usually passed on by airlines to passengers.

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Wednesday, July 2- 2014 @ 0:17 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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