Overview

• On July 11 Heathrow filed its detailed 2027–31 business plan with the CAA outlining a £10 billion privately funded investment to revamp terminals, demolish Terminal 1, extend Terminal 2 and build a new southern road tunnel.
• The plan seeks to raise the average per-passenger charge to £33.26 from £26.57 and includes a £2 billion equity contribution from shareholders, contingent on regulatory approval.
• Heathrow has pledged that by 2031 95 percent of passengers will wait under five minutes at security, 99 percent of bags will travel with their owners and 80 percent of flights will depart on time.
• Sustainability measures in the proposal aim to cut carbon emissions by three million tonnes, power the airport with renewable energy and insulate 6,500 homes and 15 schools against aircraft noise.
• International Airlines Group and other carriers have criticized the proposed 17 percent fee hike as excessive, warning it could drive up ticket prices even as Heathrow prepares a separate third-runway bid.