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Pin to quick picksInternational Airlines Share News (IAG)

Share Price Information for International Airlines (IAG)

London Stock Exchange
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Share Price: 178.65
Bid: 178.70
Ask: 178.80
Change: 0.35 (0.20%)
Spread: 0.10 (0.056%)
Open: 178.75
High: 181.20
Low: 177.50
Prev. Close: 178.30
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Britain's top court gives go-ahead to Heathrow expansion

Wed, 16th Dec 2020 09:51

LONDON, Dec 16 (Reuters) - Britain's top court gave the
go-ahead to the expansion of Heathrow Airport on Wednesday,
overturning a previous court decision which had blocked the 14
billion pound ($18.90 billion) plan on environmental grounds.

The Supreme Court ruled in Heathrow's favour, allowing the
UK's biggest airport to proceed with a plan to build a third
runway. Heathrow is keen to proceed despite the plunge in air
traffic during the pandemic.

In February, a court had declared the expansion unlawful on
environmental grounds, with the judge saying that a failure to
take into account the UK government's commitments on climate
change was "legally fatal" to the plans.

($1 = 0.7408 pounds)
(Reporting by Michael Holden and Kate Holton, writing by Sarah
Young, editing by Estelle Shirbon)

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*

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