UK risks £14bn loss in airports' battle

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The Independent Online

Britain could lose up to £14bn of trade in the next decade as the country loses out to "hub" airports on the Continent in the battle for flights to emerging markets.

Because the UK's only "hub" airport, Heathrow, has little growth capacity, operators are opting to run long-haul flights to key emerging market destinations like Manila in the Philippines and Jakarta in Indonesia from Frankfurt and Paris, says a report for Heathrow's operator BAA by Frontier Economics.

This is because only the "hub" airports, which draw in passengers from across Europe, are able to fill these long-haul flights every day.