BAA boss Colin Matthews has warned that London’s international travel capital status will be reduced to a “local airport” by 2027 if the impending “airport crisis” isn’t dealt with immediately.
He has called for a third runway for Heathrow and has suggested the government hold an aviation consultation as early as this summer.
“We’ve only got about 15 years, we do need to do something now,” he said. “[Unless we act] the number of destinations served and frequency of flights will progressively decline. There will come a stage when that decline is such that what is left is not sustainable as a hub.
”There is the option of doing nothing. But that simply means that business that should go to the UK will go to Frankfurt, Paris or Amsterdam instead.”