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Heathrow’s sloping runway plan to cut costs by $3.4bn

Bloomberg London’s Heathrow Airport put forward proposals for a sloping runway and said the landing strip could be shortened as it seeks to cut 2.5 billion pounds ($3.4 billion) from the cost of expansion plans. Europe’s busiest hub also proposed the phased opening of new terminals and a number of alternative road links as part of a 10-week consultation aimed ...

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UK growth outlook dims as household spending to weaken

BLoomberg The UK economy isn’t going to pick up for at least the next two years as consumers struggle to lift spending. Respondents to Bloomberg’s first UK survey of 2018 showed few signs of new year optimism. The median forecast for growth this year was kept at 1.4 percent, and no acceleration is seen in 2019. While gross domestic product ...

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Boeing barges into aircraft-seat business in threat to suppliers

Bloomberg Fed up with delays that have plagued production of luxurious jetliner cabins, Boeing Co. is forming its own company with a major seat supplier to the auto industry. The joint venture with Adient Plc will be based near Frankfurt, Germany, along with a technology center and an initial production plant, the companies said in a statement. It will market ...

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