A brand new London hub airport could cost the government up to $48 billion
Skift Take
No matter whether the government ultimately decides to expand an existing hub or create a new one, private-sector investments won’t adequately cover the costs of the major project.
A new hub airport for London would need a subsidy from government funds of as much as 30 billion pounds ($48 billion), a report into the commercial viability of the plan found.
The research, commissioned by the House of Commons Transport Committee from Oxera, an Oxford, England-based policy analyst, assessed scenarios and alternative plans for a new hub as a result of government opposition to the expansion of H
