Local Transport Today is the authoritative, independent journal for transport decision makers. Analysis, Comment & News on Transport Policy, Planning, Finance and Delivery since 1989.

No case for us to contribute to Crossrail costs, says Heathrow

25 January 2013

 

Heathrow Airport Ltd may withdraw a proposed contribution to London’s East-West Crossrail project because there is currently no evidence the planned airport services will benefit the airport financially.

When the funding agreement for Crossrail was struck in 2008 the airport’s owner agreed to contribute about £180m to the project (or £230m in 2014/15, taking account of inflation). The airport made the funding pledge in return for a service level commitment of at least...

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