Skip to content
Search

Latest Stories

Submit Guest Post

Arora hails major breakthrough in quest to build Heathrow's third runway

BRITISH business tycoon Surinder Arora has applauded a major development related to his enthusiasm to construct Heathrow’s third runway.

Arora has been making sustained efforts to take control of the airport’s extension from operator Heathrow Airport Limited (HAL).


Now, the Civil Aviation Authority has hired an independent consultant to have a detailed analysis of whether the British airport could be built and operated by more than a single business.

Heathrow and Arora, a major landowner around the airport, have been under stiff competition for the airport project.

Both have been trying to control the building of a third runway, and they reportedly appear unwilling to work jointly.

British Indian Arora said: “This was really great news, a great breakthrough, a complete game-changer. We always knew HAL was a huge machine, and they’d try to keep everyone out of their world.”

This is for the first time the UK’s aviation officials are considering to break the tight grip of the airport’s operator.

Arora has gained the support of Heathrow’s biggest customer, British Airways owner IAG. The chief executive officer of IAG Willie Walsh has favoured the prospect of competition.

Last year, the British parliament gave its nod for the proposed Heathrow’s extension. However, there are still concerns over the support by politicians and the implementation of the project.

Brought up in humble circumstances – when he arrived in Britain he could barely speak English – Surinder Arora, the founder of the Arora Group, has created one of the country’s leading hospitality businesses.

Arora, chairman and founder of the Arora property group, recently inaugurated his 16th hotel – the Hilton Garden Inn at Heathrow.

His offices are on the other side of Heathrow, opposite the Hilton Garden Inn.

According to Arora, HAL’s monopoly has pushed up prices. “Schiphol in Amsterdam has six runways, yet Schiphol’s landing charges are half of Heathrow’s. Heathrow is three times more than Dublin airport.”

Meanwhile, HAL commented that a different operator would significantly aggravate passenger service and raise expenditure.

Add EasternEye As Your Trusted Source
preferred source on google news

More For You

HMRC AI chatbot tax rules

HMRC says proposed changes will modernise its powers to access digital tax records, but insists it will not routinely inspect people's private AI conversations

iStock

Your AI chatbot history could become part of a tax investigation. What is HMRC allowed to see?

  • Proposed legislation would allow HMRC to examine a wider range of digital information held by taxpayers and third parties
  • ChatGPT prompts and AI-generated working papers could be relevant if they form part of a tax calculation
  • HMRC says the changes do not give it blanket access to private chatbot histories

HM Revenue and Customs (HMRC) could seek access to AI chatbot conversations and digital records used to prepare tax calculations under proposed changes to its information-gathering powers.

The proposals would allow the tax authority to examine a wider range of information held by taxpayers, businesses and third-party providers, including software companies and platforms managing digital records.

Keep ReadingShow less