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  • 6 months ago
Heathrow Airport CEO Thomas Woldbye says a third runway could lower airline ticket prices, as passengers will have more choice. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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00:00I don't think fares will go up. Fares are not decided by airport charges.
00:03Airport charges are a relatively small part of airline tickets, the ticket prices.
00:11And what we've seen since COVID is that the charges at Heathrow has gone down by 20%.
00:16Airline ticket prices have gone up by an average of 35%.
00:20So there is no link. Airline ticket prices are decided by the market.
00:26And when we get more choice, prices will come down.
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