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Heathrow invests GBP10 billion; Ardian acquires 33% equity; but should it be UK’s only hub airport?
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Heathrow invests GBP10 billion; Ardian acquires 33% equity; but should it be UK’s only hub airport?
Within the past week or so two key events took place involving London Heathrow Airport. Firstly, it announced a GBP10 billion investment programme over the next four years - one that will be partly paid for by a hike in landing and other charges. Secondly, the now majority shareholder Ardian announced the acquisition of another slug of the equity, taking it to almost 33% and putting it as firmly in charge, as was Ferrovial when Heathrow was priv…
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