WEEKEND PAPERS: Surinder Arora, who founded the Arora Hotel chain, is mounting a proposal to build and operate a third runway at London’s Heathrow airport, together with US construction company Bechtel.
Arora Group owns a large chunk of land on the site proposed for the new runway. The options it and Bechtel have put forward could cut as much as £6.7bn off the cost of building the runway.
Willie Walsh, chief executive of International Airlines Group, described the proposal as a welcome alternative to the airport’s own costly scheme, and urged the government give it close consideration.
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