Heathrow charge increase

Passengers using Heathrow face a rise in ticket prices under a £3 billion investment plan proposed today by the airport's bosses.

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Heathrow bosses say previous forecasts were wrong

Heathrow says the charges, which need to be approved by the Civil Aviation Authority (CAA), will help pay for £3 billion of investment, including the opening of the new Terminal 2 next year.

Airport bosses said that errors in previous passenger forecasts meant that Heathrow had lost out on around £650 million of charges over the last five years.

The CAA had based the previous level of charges on estimates that Heathrow would handle 78 million passengers a year by 2013, but the airport is only handling around 70 million.

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