Homer
Medlem
British Airways has revived plans to abandon Gatwick, delivering a fresh blow to Britain’s
second-biggest airport.
It is understood that the review of Gatwick follows an order from IAG,
BA’s FTSE 100 parent company, which is fearful that it could lose lucrative take-off and landing slots at Heathrow.
Grant Shapps, the Transport Secretary, issued a waiver of such “use it or lose it” rules.
If Mr Shapps decides not to extend the waiver until demand returns to pre-pandemic levels,
BA may need to focus on airports such as Heathrow where the slots are worth the most so that they do not lose them.
Luis Gallego, chief executive of IAG, told analysts last month:
“Gatwick is an important decision that we need to take as a group. It’s true that we have the issue with the slots.
“Gatwick has some strategic value, but we need to be competitive there.
This crisis is going to change the profile ... of the demand. So we are analysing the different options.”
British Airways declined to comment.
British Airways revives plans to abandon Gatwick
second-biggest airport.
It is understood that the review of Gatwick follows an order from IAG,
BA’s FTSE 100 parent company, which is fearful that it could lose lucrative take-off and landing slots at Heathrow.
Grant Shapps, the Transport Secretary, issued a waiver of such “use it or lose it” rules.
If Mr Shapps decides not to extend the waiver until demand returns to pre-pandemic levels,
BA may need to focus on airports such as Heathrow where the slots are worth the most so that they do not lose them.
Luis Gallego, chief executive of IAG, told analysts last month:
“Gatwick is an important decision that we need to take as a group. It’s true that we have the issue with the slots.
“Gatwick has some strategic value, but we need to be competitive there.
This crisis is going to change the profile ... of the demand. So we are analysing the different options.”
British Airways declined to comment.
British Airways revives plans to abandon Gatwick