BA’s CEO, Willie Walsh, says post-election indecision will block building of any new south east runway

Willie Walsh, CEO of IAG, the parent company of British Airways, has again said that there will not be a new south east runway. He has often said this before, but this time he sees the likelihood of political indecision after the election as an additional issue. Willie Walsh thinks that to build a runway, there would need to be “political consensus across all the parties – not just coalition partners.” He also warned that the cost of each of the 3 runway proposals would all be prohibitive. The expense would lead to higher landing costs, and airlines would not find that acceptable. Willie Walsh reiterated his view that there was “no business case” for a 2nd Gatwick runway, with not enough demand from airlines for it. He has said in the past that Gatwick does not have the same international attraction as Heathrow. He commented that Heathrow was already “the most expensive airport around.” The runway decision would be a political one, and with a coalition government looking to be inevitable, there would be huge political difficulties in pushing through an unpopular runway, with dubious benefits even to the airlines.