Ferrovial Group, the new owner of BAA, said it remains committed to constructing a second runway at London Stansted but will reevaluate the project's estimated £4 billion ($7.4 billion) price tag. The Spanish firm added that the review will not delay the project but will ensure "that it delivers value for money." A committee composed of airlines operating at Stansted said last week that BAA's expansion plans were "excessive" and would create a "costly, gold-plated" airport that would ...

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