Breakingviews

New London air hub plan needs public money to fly

December 1, 2011

Heathrow is a jam-packed embarrassment for those who promote London as a global financial centre. A brand new four-runway hub in the Thames estuary is appealing but expensive. Even using rosy forecasts, it is hard to see an all-private enterprise earning a decent return.

Memo to UK’s new air strategists: let numbers talk

September 6, 2012

After years of make-do-and-mend, the UK is once again arguing about London’s airport capacity, and possible expansion at Heathrow. Most people seem most keen to rubbish plans they dislike. The right approach is more positive. Analyse all ideas robustly: then make a decision.

Heathrow needs decisive capacity fix

January 21, 2013

Snow has exposed the London airport’s lack of slack when problems arise. Passengers’ expectations of a zero-failure service are hard to shift. But if Heathrow can’t build another runway, it needs to be radical. That may mean operating its infrastructure at lower capacity.

BA/Iberia not out of the clouds yet

November 13, 2009

British Airways and Iberia are right to merge: 400 million euros of synergies will go some way to help them survive dreadful conditions in the airline industry. But the combined group will need more than cost savings and revenue benefits to lift it out of the red. And BA’s pension fund deficit could yet derail the long-awaited deal.