Watchdog rules Heathrow third runway could be built by rival bidder
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The Civil Aviation Authority has proposed allowing rival companies to build and operate Heathrow's third runway, breaking the airport's long-standing monopoly. This 'alternative developer model' aims to increase competition and reduce passenger charges. Airlines, including Virgin Atlantic and IAG, have criticized Heathrow's high costs and support the regulatory changes. Surinder Arora plans to resubmit a bid for the runway. Responses to the consultation are due by June 15, with Parliament expected to vote on the proposal this summer.
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