Heathrow CEO Virgin Atlantic has stated that British Airways' (BA) attempts to slow down expansion at the airport fly in the face of consumer and national interest. BA has suggested that the £ 3.3bn ($ 4.3bn ) spent on preparations for a second runway may be wasted and will impact airlines. But the airport authority claims the carrier's parent company IAG is trying to avoid competition by delaying plans by up to three years . Furthermore, John Holland-Kaye stated that IAG should have a competitor with at least 35 -40% of slots to drive down prices on routes where BA has a near-monopoly.
Heathrow Airport's CEO John Holland-Kaye has stated that British Airways' (BA) attempts to slow down expansion at the airport fly in the face of consumer and national interest. BA has suggested that the £3.3bn ($4.3bn) spent on preparations for a third runway may be wasted and will impact airlines. But the airport authority claims the carrier's parent company IAG is trying to avoid competition by delaying plans by up to three years. Furthermore, Virgin Atlantic stated that BA should have a competitor with at least 35-40% of slots to drive down prices on routes where BA has a near-monopoly.