Potential future developments
In response to the new Government's Coalition Agreement, Heathrow Airport has announced that it will stop work on the planning application for a third runway.
The company also plans to stop buying properties in Sipson, after a period of notice. In line with assurances given to local residents in 2009, Heathrow will continue to consider buying properties which have been issued with a bond under its long-term property market support (PMSB) scheme until 22 June 2010.
The policy intentions of the new government are clear and it is therefore no longer appropriate for us to purchase properties. It is equally important to us to stand behind our commitment to provide time for those local residents who wish to sell their properties to us, to do so.
Heathrow plays an important role for the UK and supports thousands of jobs. We continue to believe that new capacity would strengthen the UK's trading links with the global markets on which our economy and our competitiveness depend.
For more information email third_runway@heathrow.com or contact the Community Relations team on 020 8745 5791.