New London airport 'would need public subsidy'

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A new hub airport for London cannot be built without substantial support from the taxpayer, new research suggests.

A public subsidy of between £10-30bn in today's money would be needed to build the facility, consultancy firm Oxera said.

But it said this should not necessarily mean an end to the idea.

The research was conducted for the Commons Transport Committee, which is conducting an inquiry into the UK's aviation strategy.
http://www.bbc.co.uk/news/uk-politics-21189476

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http://www.london24.com/news/transport/new_london_hub_airport_would_need_30bn_of_public_subsidy_1_1806167