Heathrow plans £3bn investment over next five years

Grant Prior 12 years ago
Share

Heathrow Airport chiefs have boosted their spending plans to £3bn over the next five years after passengers confirmed they would pay more to fund capital investment.

Heathrow has now submitted its revised business plan to the Civil Aviation Authority.

The plan for the 2014-19 Q6 period would provide a £3bn construction boost after a survey found that the average passenger at Heathrow is willing to see charges rise by £23 over the next five years to fund airport improvements.

Heathrow was facing a cut to £2bn in Q6 under original plans submitted to the CAA.

But a combination of efficiency savings and the willingness of passengers to pay more could see an extra £1bn spent.

The CAA will publish final proposals in October 2013 for consultation before coming to a decision in January 2014.

Heathrow’s spending plans for Q6 include ten priority areas:

New Terminal 2 – Heathrow will open the new Terminal 2: The Queen’s Terminal in 2014 allowing the closure of Terminal 1 in 2016. The end of Q6 will see the start of work on extending Terminal 2.
Smoother journeys – Heathrow will build more self-service check-in kiosks and introduce new self-service bag drops.
Consistent, courteous service –Heathrow will provide additional customer service training for staff, and introduce mobile staff with tablet computers to provide greater assistance to passengers.
Improved efficiency – Heathrow will deliver £427 million of savings to by improving by retiring old facilities such as Terminal 1; and investing in new facilities, such as self-service bag drops.
Better surface access – Heathrow will extend its innovative personal rapid transport ‘pods’ to link Terminals 2 & 3 with their business car parks. The airport will fund part of the Crossrail project which will link Heathrow to the City of London, Canary Wharf and the East End.
Valued airport products and services – Develop premium retail and additional lounges.
Higher punctuality – New airport management technology and additional runway rapid exit taxiways to help improve punctuality and reliability at Heathrow with an aspirational target of 90% on time performance.
Quicker connections – Reduce the waiting time for transfer security so that 99% of the time passengers wait less than ten minutes. A new integrated baggage system will improve baggage reliability which has already improved from 40 missed bags per thousand passengers in 2007 to 15 per thousand today.
Quieter aircraft – Heathrow will invest in upgraded stands and taxiways that will help to make it the busiest hub for A380s in Europe.
Reduced pollution – Heathrow will increase the provision of pre-conditioned air which allows aircraft to switch off their engines while on the ground.

 

Latest news

Construction buyers report fastest downturn since 2020

Double whammy of decreasing new orders and delayed projects
16 hours ago

Bidders day for £15bn schools alliance framework

Online event to set out details of DfE alliancing framework procurement plan
19 hours ago

MPs told safety regulator delays forcing industry job cuts

Industry chief warns housing select committee that BSR is now a main block on meeting housing targets
19 hours ago

£600m delivery partner named for new hospital programme

Mace/T&T JV named programme delivery partner for £37bn new hospital plan
1 day ago

£230m Southampton waterfront scheme approved

Town Quay includes trio of 25 storey towers around new marina
19 hours ago

Planning green light for £10bn Northumberland data centre

Blackstone-backed project will create 1,200 construction jobs
2 days ago

Bauhaus block above Southwark Station gets green light

Student accommodation and affordable housing scheme replaces original office plan
19 hours ago

Police arrest plant hire fraud gang

Nine arrests after kit hired "with no intent of ever returning the machines"
2 days ago

Balfour Beatty boss Leo Quinn to step down

Group Chief Executive to be replaced by consultant AtkinsRéalis chief Philip Hoare
2 days ago

Galliford Try upgrades target as half-year profits jump 54%

Firm closes in on deal to take on ISG custodial work
2 days ago

Trespasser dies in crane fall at Willmott Dixon site

Tragedy after man breaks into £60m Manchester science park site
2 days ago

Ibstock pulls out of GRC cladding market

Materials giant blames subcontractor failures and low margins
2 days ago

Green light for 1,000-home Wolverhampton city centre regen

Phase one of ECF Smithgate scheme to start this year
2 days ago

Oval revises Manchester scheme with trio of towers

Flats doubled to 800 at reworked Albert Bridge House project
2 days ago

More repair work needed at McAlpine problem panel hotel

Contractor looking for long-term solution to loose panels
2 days ago

Redesign delays hit giant McAlpine car battery factory

Size of first building reduced and steelwork start pushed back
3 days ago

‘Affordable’ HS2 Crewe to Euston plan submitted to Treasury

Industry presses for scaled back Euston terminus and connection to Crewe
3 days ago

Regal submits plan to revive stalled London resi tower

Swiss Cottage project redesigned with second staircase and 237 flats
3 days ago

Construction boss jailed for siphoning off cash for casino

Money removed from contracting firms before they went under
3 days ago

Muse signs up to £3.2bn Solihull health campus district

Ambitious Arden Cross scheme next to HS2 Interchange advances
3 days ago

Drees & Sommer acquires RSP Consulting Engineers

Expanding consultant sees UK workforce grow to 300
3 days ago

Watkin Jones wins over £50m student digs campus upgrade

Work to start next month on phase 714-bed south London campus
4 days ago

Severfield warns on profits blaming major project delays

Steelwork firm cancels share buyback and steps up cost cutting programme
4 days ago

Administrators go in at aggregates firm Ashville

Administrators from Leonard Curtis now in charge of London based aggregates specialist
4 days ago

Costain start date for £67m Romford flyover replacement

Work to start this summer on Gallows Corner bridge rebuild
4 days ago

North West regional civils contractor in administration

Colin Briscoe Construction employed 25 staff
4 days ago

Work starts on tyres to jet fuel recycling plant

£100m Sunderland plant will produce around 30,000t of liquid fuel
4 days ago

Kier targets £400m of logistics work with Investec JV

Hemel Hempstead site marks start of new venture
4 days ago

Watchdog MPs raise alarm over HS2 Euston station plan

Public spending watchdog red flags 'no plan or timescale' for London Terminus
7 days ago

Network Rail fined £3.41m after Surbiton track worker death

30-year-old track worker Tyler Byrne was struck by a passenger train in Surbiton
1 week ago

Contractor services