Slow progress on Heathrow’s third runway should be national concern, boss says

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Heathrow Airport's CEO, Thomas Woldbye, is urging faster progress on the £33 billion third runway project, stating it should be a national concern due to potential limitations on UK growth. Woldbye emphasizes the need for government and regulators to make key decisions on funding and legal frameworks this year to meet the 2029 construction start date, with the runway expected by 2035. He highlights the project's scale, involving a near-complete new airport and £49 billion in total spending. Heathrow seeks assurances for private financing through the Civil Aviation Authority (CAA) framework, amid airline concerns about increased landing charges. The airport's pre-tax profits fell to £575 million in 2025, despite record passenger numbers of 84.5 million, due to lower landing charges and higher maintenance costs.
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