London airport expansion ...
The FT's John Kay says new capacity that would cost about £8bn to provide at Gatwick will cost £18bn at Heathrow, making Heathrow by far the most expensive airport in the world — which is why BA, its main user, opposes its expansion.
The new transport links to service a new Heathrow terminal are also much more costly than those that would be needed for an expanded Gatwick.
Gatwick’s principal disadvantage — its less central location, about 30 miles south of London — means that fewer people suffer disturbance from airport expansion. That last should perhaps be the decisive factor.
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