BAA yesterday unveiled revised development plans for London Stansted that "will cost much less than originally anticipated, with environmental impacts much reduced too." The UK airports operator, controlled by Spain's Grupo Ferrovial, said opening cost in 2015 would be £1.4 billion ($2.74 billion) and overall cost would be £2.27 billion by the time the phased expansion is complete in 2030. This compares to the original estimate of £4 billion. Stansted Generation 2, as the plan ...

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