Categories: Aviation

Potential Shake-up In Landing Rights at Heathrow to Favor Virgin Atlantic

British Airways’ reign of dominance at London’s Heathrow Airport may be coming to an end, at least if Richard Branson has his way.

A new report from Bloomberg reveals that airport executives are considering revising landing rights in a manner that would allow airlines/3-new-things-to-like-about-virgin-atlantic.html” target=”_self” rel=”nofollow noopener noreferrer”>Virgin Atlantic Airways to have a larger chunk of the action in the U.K.

MORE Airlines & Airports

The publication reported that the change is designed to allow more competition by giving Virgin more flights once Heathrow brings its long-planned third runway online.

“The new runway presents a massive opportunity to lower fares, but we need a scale player that can compete with BA,” John Holland-Kaye, head of Heathrow, told Bloomberg after meeting with Virgin founder Richard Branson. “To do to that there has to be a change in the slot rules.”

Virgin meanwhile is planning to launch 84 new destinations, which would make it the United Kingdom’s second-largest carrier, according to Bloomberg. That expansion plan, however, hinges on the scrapping of a system under which airlines are given new slots based on their current holdings.

Under the current system, Virgin has less than five percent of flights from Heathrow, while British Airways owner IAG SA has 55 percent.

For its part, IAG says Virgin has had opportunities in the past to step up its operations.

“IAG welcomes competition but the facts speak for themselves—Virgin Atlantic’s lack of Heathrow routes is down to its own corporate strategy,” a spokeswoman for IAG told Bloomberg in emailed comments.

Virgin Atlantic Airways Boeing 747-443 cn 30885-1268 G-VROS. (Photo via EdithRum / iStock Editorial / Getty Images Plus)

To be clear, Virgin Atlantic says it is not out to hurt BA. The airline’s CEO Shai Weiss said his company “is not on a crusade to do harm to BA,” and that its rival airline would still benefit from the vast majority of new slots at Heathrow under the expansion.

Richard Branson however, had stronger words for the current set-up at Heathrow and BA’s long-held dominance.

In an interview aboard the Tel Aviv flight, Branson told Bloomberg that BA had been handed its slots for free when it was privatized and has “been getting away with it for years” ever since.

This post was published by our news partner: TravelPulse.com | Article Source |
TJS Author

Recent Posts

Sun Country Airlines Cuts Flights Amid Ongoing Pilot Crisis

Sun Country Airlines is feeling the effects of the pilot crisis, removing approximately 348 flights…

3 days ago

United Offers Free Flight Changes Amid Passenger Boycott of Trump Airport

United Airlines is preparing for a passenger boycott of President Donald J. Trump International Airport.…

5 days ago

July Fourth Gatherings With Celebrity Chef Jamie Gwen

With backyard entertaining, holiday festivities, and family gatherings in full swing.

1 week ago

SFO Eyes Exclusive VIP Terminal for Wealthy Travelers

San Francisco International Airport (SFO) is planning to introduce a VIP terminal for affluent travelers.…

1 week ago

Delta: Airfares Remain High Despite Falling Jet Fuel Prices

Delta Air Lines said Friday that airfares are likely to remain elevated despite falling jet…

1 week ago

JetBlue Expands Fort Lauderdale Operations, Plans to Hire Former Spirit Employees

After the collapse of Spirit Airlines, JetBlue Airways has emerged as the top carrier at…

2 weeks ago