Virgin Atlantic names new chief as it battles Heathrow over third runway costs

Virgin Atlantic has appointed a new chief executive as the airline continues to engage in a dispute with Heathrow Airport over the costs associated with a planned third runway. The appointment comes amid ongoing negotiations and potential legal challenges regarding the financial implications for airlines operating out of Heathrow. The core of the conflict lies in the projected expenses for expanding Heathrow with a third runway, and how these costs will be distributed among airlines. Virgin Atlantic, a significant carrier at the airport, is reportedly concerned about the potential impact of these costs on its operational expenses and competitiveness. The airline's leadership change signals a strategic move to navigate these complex financial discussions and potentially adopt a new approach ... download the app to read more