Heathrow CEO plans to raise landing fees

July 01, 2014 - 8:40:35 am

HEATHROW: The United Kingdom's largest airport, Heathrow, is looking to raise the landing fees it charges airlines, Chief Executive Officer John Holland-Kaye told the Financial Times in an interview.

Holland-Kaye, who takes over as CEO on Tuesday, told the FT that Heathrow planned to increase the "aeronautical charge" to 24 pounds per passenger from 20 pounds.

Landing fees are a crucial source of income for Heathrow, Britain's busiest airport. 

The fees are normally passed on by airlines to passengers. 

The FT reported that the CEO said the proposal was part of a draft funding plan for a third runway that was submitted to UK's Airports Commission.

The paper said the CEO was confident of getting the commission's approval for a third runway opening in 2025.

A Heathrow representative could not be reached immediately for comment.

Heathrow Airport Holdings, which is co-owned by Spanish infrastructure company Ferrovial and other partners. (Reuters)