This is a decision of major economic and strategic importance. The urgency of the economic case for extra airport capacity means that every lost day is lost business. It is clear that where London has a direct flight to a city, trade between those two entrepôts is greatly increased.
Politics dictate that, for reasons we all understand, the coalition has said they are not going to make this decision before the election... We do have to do all of that and I think we can do that under the aegis of the commission, so that when the new government comes into office in 2015, when they make a decision, it will have a flying start...
In order to get mixed mode at Heathrow, which would be violently unpopular…it would take at least 10 years. On the current timetable - it would take until 2020 to get permissions and that’s very optimistic.
The runway at Heathrow simply will not happen. There is absolutely no need for us to delay. In the next 10 years they will build 52 new runways in China. In the UK they will build nil. It is a policy of utter inertia.
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