Suppose you'd been appointed to run London's three big airports, at a time when your company had become a kind of PR joke, and your biggest customers wanted that company to be forcibly broken up....what would you say? New BAA CEO Colin Matthews gave his first big speech today and he chose to say this. Boy does he want that third Heathrow runway!Matthews, correctly I think, homes in on the critical issue of the value that Heathrow's role as a hub, with its associated transit traffic, brings to the UK. Or doesn't bring. That's the question.
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