FlyerTalk Forums - View Single Post - BA/IAG CEO Willie Walsh Describes LHR As 'rip-off'
Old Nov 25, 2015, 3:26 am
  #30  
winchpete
 
Join Date: Sep 2014
Programs: BA Gold
Posts: 156
Originally Posted by CrazyJ82
The thing of it is that if Heathrow and Heathrow expansion are as economically valuable as boosters claim, the market should be able to bear high landing fees and other user charges that would pay for an expansion without recourse to taxpayer funding. (And before another economist comes along mentioning externalities, I'm not convinced that's a strong argument in this case.)

Walsh I'm sure would love to have the benefits of more capacity at LHR although he probably suspects that the benefit would not be valuable enough for him to recoup the cost if that cost were 100% passed on to users. He's probably right about that, to the extent there are other underutilized airports around London that could capture even more O/D traffic than LCCs already have if LHR's fees/fares become too high. So you can't fault him for "asking" for taxpayer support as he's implicitly doing with his complaint about high user fees. That's not to say the politicians should be gullible enough to fall for it.
Walsh only wants more capacity if it is reserved for BA. The last thing he wants is a risk of having a lot more competition in his own back yard.
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