The Heathrow plan, submitted to the air regulatory Civil Aviation Authority (CAA), seeks to charge airlines an average of £33.26 per passenger during the period, Heathrow said, compared with an average of £28.46 between 2022 and 2026.
In a statement, they added: “Only Heathrow, with its monopoly power as the UK’s only hub airport, would think this £10bn investment plan represents value for money, and that’s before any third runway expansion costs are factored into the equation.
“Heathrow is already the most expensive airport in the world, and this proposal demonstrates Heathrow’s inability to invest capital wisely and efficiently.”
International Airlines Group, which owns British Airways, welcomed plans to improve passenger facilities at Heathrow but called the charges “excessive” and said it requires “significant revision.”
“The suggested £10bn investment would be paid for by passengers and airlines, raising serious concerns about affordability and value for money.”
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The airport expansion plans, which do not include the controversial third runway proposals, are at the centre of their 2027-2031 business proposal, submitted to the Civil Aviation Authority (CAA) air regulator on Friday.
Heathrow says the plans will lead to improved and faster security and baggage handling.
It also wants to demolish the building previously used as Terminal 1, extend Terminal 2 and build a new access road tunnel.
Once complete, Heathrow said it will increase its passenger capacity by 12 per cent, equivalent to 10 million more travellers a year.
“But our customers want us to improve our international rankings further, as do we.
“With Heathrow’s UK-based supply chain, this private investment will create jobs and drive national growth during this Parliament.
“That means faster security, smoother baggage handling, more comfortable terminals, new lounges, restaurants and shops – all while delivering a better service for the growing number of passengers who need assistance.”
Heathrow is Europe’s busiest airport, with more than 83.9 million passengers travelling through terminals in 2024.
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