Virgin Atlantic pauses support for Heathrow's third runway

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Virgin Atlantic pauses support for Heathrow's third runway
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Virgin Atlantic's boss has warned that Heathrow's expansion will be 'difficult to support' without an overhaul of regulation at the airport

Speaking again about the CAA, Mr Weiss said:"The regulatory framework and process is simply not working - it is broken and must be reformed.

"It must incentivise Heathrow's owners to deliver an airport that is priced fairly and open to competition, focused on delivering a quality experience for airlines and their passengers, rather than excessive dividends for shareholders.The chief of Virgin Atlantic - which is owned by Richard Branson's Virgin Group with a 51% stake and US airline Delta with a 49% stake - also criticised Heathrow's handling of the months of disruption earlier this year.

"Everyone in this room will recognise the damage to consumer confidence that summer disruption caused," he told those at the conference.

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