Heathrow has launched its largest-ever investment programme to upgrade and expand the airport.
Heathrow CEO, Thomas Woldbye, announced the phased investment beginning this year. The airport is also developing proposals for a third runway following the government’s support for the construction of the runway as reported by Travel News earlier this month.
“This privately funded programme will upgrade existing infrastructure while laying the groundwork for a third runway, boosting UK investment and economic growth, with tangible benefits felt this year,” said Woldbye.
Other plans will include investments in:
- Terminal infrastructure to invest in the capacity of Terminal 2 and optimise and increase passenger capacity in Terminal 5.
- Reconfiguring the layout of the airfield, increasing the number of aircraft stands to improve punctuality.
- Local transport connections and sustainable travel to further improve bus and coach connections.
- Sustainability for new infrastructure that will have improved environmental credentials and use more sustainable sources of power.
These new investments build on the £2,3bn (R53bn) investment announced by Heathrow in December to improve service, resilience, passenger experience, and sustainability through multiple projects over the next two years.
To develop and finalise proposals, Heathrow will engage with key stakeholders, including airlines and local communities. Full details of the investment programme and the third runway will be part of the airport’s proposals submitted to Government in the coming months.