Regulators
IAG Challenges Heathrow’s Third Runway Costs in Transport Committee Evidence
International Airlines Group (IAG), owner of British Airways, has raised concerns over the $66 billion price tag for Heathrow’s third runway, calling it 'exceptional' and questioning its affordability and value for money. IAG argues that the costs far exceed comparable airport projects and warns that without affordability guarantees, the expansion could fail to deliver promised benefits.