The boss of Heathrow today urged the Government to approve a third runway at the airport swiftly as he revealed his hopes of striking a deal over the controversial issue of night flights.

In July, the Airports Commission backed the expansion of Heathrow on condition that flights between 11.30pm and 6am were banned and a fourth runway ruled out permanently.

Today, airport chief executive John Holland-Kaye said he was “confident there is a way through” the night flights issue as he warned that Britain’s economy would lose £1 billion for every month the go-ahead was delayed.

The Government has promised to decide by the end of the year whether to accept the commission’s report. Heathrow and Gatwick, which wants a second runway, are competing furiously in a last-ditch battle to secure the backing of ministers.

With up to 18 flights from Hong Kong and Singapore arriving at Heathrow each day before 6am, Mr Holland-Kaye used an interview with the Evening Standard to emphasise the importance of London’s links with the Far East.

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