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Topic: Re:Re:Re:Heathrow Debate Hots Up
Posted by: Claire Moran
Date/Time: 02/02/15 13:01:00

From City AM today.  Seems credible to me:-

Heathrow plans for new runway blasted by rival
by Caitlin Morrison
2 February 2015 3:23am
HEATHROW Airport has underestimated the cost of a new runway by up to £5.6bn and will take at least four years longer than planned to complete the project, according to research from EC Harris that was commissioned by Gatwick Airport.
The report stated that Heathrow’s timetable for delivery is over-ambitious due to the extent of highway and river diversion works that would be necessary during construction, as well as the extent of remediation required to treat contaminants from a large number of active and historic landfill sites that will be disturbed.
It also cited the re-provision of critical airport support facilities located off the airport. On this basis, built asset consultancy firm EC Harris claimed, there is “zero probability of achieving the stated 2025 runway opening date”.
Meanwhile, EC Harris stated that the required capital expenditure, estimated by Heathrow at around £15.6bn, has been underestimated as a result of potential delays to construction, the omission of Terminal 2 future expansion and the exclusion of third party funding that will be required to finance elements of the scheme.
The consultancy revised the figure up to £21.2bn and said it could go as high as £26.5bn.
“In our opinion, the practicality of implementing the programme and in turn the cost of doing so, is unrealistic and is subject to challenge,” EC Harris added. “There are compelling reasons to doubt whether a new third runway at Heathrow can be delivered at all.”
Heathrow declined to comment.

Entire Thread
TopicDate PostedPosted By
Heathrow18/11/14 18:59:00 Rima Jones
   Re:Heathrow18/11/14 19:38:00 Claudia Jachtmann
      Re:Re:Heathrow18/11/14 20:21:00 Rima Jones
   Re:Heathrow20/11/14 10:19:00 Charlotte Kasner
      Re:Re:Heathrow20/11/14 14:07:00 Sam Hearn
         Re:Re:Re:Heathrow20/11/14 14:16:00 Dave Robertson
            Re:Re:Re:Re:Heathrow20/11/14 14:31:00 Carl Wynne
               Re:Re:Re:Re:Re:Heathrow20/11/14 15:45:00 Charlotte Kasner
            Re:Re:Re:Re:Heathrow20/11/14 16:01:00 D Fox
               Re:Re:Re:Re:Re:Heathrow20/11/14 16:34:00 Vanessa Smith
               Re:Re:Re:Re:Re:Heathrow21/11/14 10:48:00 Rima Jones
         Re:Re:Re:Heathrow20/11/14 16:49:00 Rima Jones
            Re:Re:Re:Re:Heathrow20/11/14 17:26:00 Claire Moran
               Re:Re:Re:Re:Re:Heathrow20/11/14 20:58:00 Steve Taylor
                  Re:Re:Re:Re:Re:Re:Heathrow20/11/14 22:37:00 Rima Jones
                     Re:Re:Re:Re:Re:Re:Re:Heathrow20/11/14 23:13:00 Steve Taylor
                        Re:Re:Re:Re:Re:Re:Re:Re:Heathrow21/11/14 00:00:00 Claire Moran
                        Re:Re:Re:Re:Re:Re:Re:Re:Heathrow21/11/14 09:39:00 Rima Jones
                           Re:Re:Re:Re:Re:Re:Re:Re:Re:Heathrow24/01/15 09:56:00 Steve Taylor
         Re:Re:Re:Heathrow25/01/15 10:34:00 Tim Henderson
            Re:Re:Re:Re:Heathrow25/01/15 20:44:00 Steve Taylor
               Re:Re:Re:Re:Re:Heathrow25/01/15 21:02:00 Claudia Jachtmann
                  Re:Re:Re:Re:Re:Re:Heathrow25/01/15 21:40:00 Steve Taylor
                     Re:Re:Re:Re:Re:Re:Re:Heathrow25/01/15 22:02:00 Angus McPhail
                        Re:Re:Re:Re:Re:Re:Re:Re:Heathrow25/01/15 22:06:00 Steve Taylor
                           Re:Re:Re:Re:Re:Re:Re:Re:Re:Heathrow25/01/15 22:12:00 Julian Pavey
                              Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Heathrow25/01/15 22:51:00 Steve Taylor
                                 Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Heathrow26/01/15 10:27:00 Tim Henderson
                                    Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Heathrow26/01/15 12:58:00 Claire Moran
                                    Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Heathrow26/01/15 13:47:00 Steve Taylor
                                       Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Heathrow26/01/15 16:24:00 Angus McPhail
                                          Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Heathrow28/01/15 16:31:00 Rima Jones
                                             Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Heathrow28/01/15 19:12:00 Tim Henderson
                                             Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Heathrow28/01/15 19:32:00 Steve Taylor
                                                Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Heathrow28/01/15 22:38:00 Rima Jones
                                                   :Re:Re:Re:Re:Heathrow28/01/15 22:48:00 Steve Taylor
                                                      Re::Re:Re:Re:Re:Heathrow28/01/15 22:53:00 Rima Jones
                                                         Re:Re::Re:Re:Re:Re:Heathrow28/01/15 23:30:00 Ken Munn
                                                            Re:Re:Re::Re:Re:Re:Re:Heathrow28/01/15 23:34:00 Steve Taylor
                                                               Re:Re:Re:Re::Re:Re:Re:Re:Heathrow29/01/15 00:02:00 Rima Jones
                                                                  Re:Re:Re:Re:Re::Re:Re:Re:Re:Heathrow30/01/15 18:08:00 Steve Taylor
   Budget airline Easyjet backs Heathrow expansion30/01/15 17:07:00 Will Watson
      Re:Budget airline Easyjet backs Heathrow expansion30/01/15 17:59:00 Claire Moran
   Re:Heathrow01/02/15 11:20:00 Tim Henderson
      Re:Re:Heathrow01/02/15 20:28:00 Steve Taylor
         Re:Re:Re:Heathrow Debate Hots Up 02/02/15 13:01:00 Claire Moran
            Re:Re:Re:Re:Heathrow Debate Hots Up 02/02/15 13:27:00 Tim Henderson

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