Blow to Heathrow’s third runway plans after key investor pulls funding

By Tom Lowe2021-11-03T05:00:00

Ferrovial ‘sceptical’ about providing further capital amid row over landing charges

Heathrow’s £14bn plans for a third runway have been dealt a major blow after the airport’s biggest shareholder signalled that it will halt future investment.

Spanish infrastructure firm Ferrovial, which owns 25% of Heathrow, made the statement after the Civil Aviation Authority’s (CAA) decision to block a near-doubling of landing charges.

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