The UK government is becoming increasingly embroiled in the vexed topic of how to solve London’s shortage of runway capacity. For years, London Heathrow (LHR), the UK’s primary hub airport, has been heavily slot-constrained and operates at over 99% runway capacity. The Conservative and Liberal Democrat parties that formed a coalition government in 2010 overturned plans by the previous Labor administration favoring the creation of a third runway at LHR. However, increasing ...

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