IAG urges incoming UK PM Andy Burnham to cap Heathrow passenger charges ahead of £349bn third-runway expansion
IAG, parent of British Airways and Iberia, has made a “last-ditch” appeal to incoming UK Prime Minister Andy Burnham to intervene in the regulatory process setting Heathrow Airport’s passenger charges. The decision will directly affect costs and fares ahead of the airline group’s cost exposure tied to the £349bn third runway project.