25 June 2014/Categories: Industry News
A new report has been published outlining the potential economic benefits of a new airport in the south-east of the UK.
According to the study, which has been drawn up by York Aviation and Oxford Economics, a new four runway hub airport would provide a £2.1 billion boost and over 17,500 new jobs across the UK.
In particular, the report highlights the regional benefits such a project would provide. The number of domestic routes into Heathrow has fallen significantly in the past 20 years and a new hub would restore these connections, resulting in 49 more regional flights every day than a third runway at Heathrow would provide.
The report argues that the number of domestic routes would decline even further if a new runway was constructed at Heathrow.
Louise Congdon, managing partner at York Aviation, said: "A new four-runway hub airport would provide the nation and regions with the best connectivity to the UK’s main international airport."
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