The Guardian
David Casey & Victoria Moores
23 January 2025
International Airlines Group (IAG) CEO Luis Gallego has voiced conditional support for London Heathrow Airport’s proposed third runway—but emphasized that significant changes to the airport’s regulatory framework must occur before the company can fully endorse the project.
Speaking at an event held by trade association Airlines UK, Gallego stressed that IAG—the parent of British Airways—backs the UK government’s growth agenda and recognizes the vital role Heathrow plays as a hub for connectivity and economic development. However, he argued that the airport’s current regulatory model is “not fit for purpose” and needs to be restructured.
“We want to develop Heathrow, and we support the development if we have the right regulatory model ... but with this model, I think it doesn’t make sense to do the investment,” he added.
Read on: IAG CEO Urges Heathrow Regulatory Overhaul Before Backing Expansion | Aviation Week Network