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    CITY AM – The Only Way Is Essex 

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    By News Team on January 18, 2024 Business, Business Briefing, News Briefing
    CITY AM – The Only Way Is Essex 
    CITY AM - The Only Way Is Essex 
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    CITY AM – The Only Way Is Essex 

    ‘HS2 all over again’: Heathrow expansion plans ‘f***ing off the wall,’ says Ryanair boss

    CITY AM reports Heathrow and Gatwick Airport’s plans for another runway are “f***ing off the wall” and far too expensive, Ryanair’s chief executive Michael O’Leary has said.

    In an interview in London, the Irish businessman told City A.M. the projects were “pie in the sky stuff” and that rival Stansted Airport would make a more suitable place for expansion.

    Heathrow and Gatwick are at separate stages of multi-billion proposals to build third and second runways, but the feasibility of both plans has been questioned.

    Heathrow’s £14bn development, one of the most expensive private sector infrastructure projects in the UK, has been in the works for decades. It has a seal of approval from the government but costs are rising with inflation and it has been described as a civil engineering nightmare.

    Catch up on all the business pages here

    CITY AM - The Only Way Is Essex 
    CITY AM – The Only Way Is Essex 

    Business pages City AM
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