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London Heathrow Airport

The airport includes the ownership and organization of London Heathrow Airport, the traffic characteristics of the airport and the financial performance of the airport. In this regard, therefore, this report comprises three major sections: Introduction, Main Analysis, and Conclusion.
Most of the airports around the world today are privately owned. Graham (2014, p. 8) notes that the airport sector “. has moved from an industry characterized by public sector ownership into an era of airport management, which is beginning to be dominated by private sector and global players.” The London Heathrow Airport is privately owned by Heathrow Airport Holdings Limited, which was previously known as BAA. The Heathrow Airport Holdings Limited has several shareholders including FGP Topco Limited, Qatar Holdings LLC, Caisse de depot et placement du Quebec, the Government of Singapore Investment Corporation, Alinda Capital Partners and China Investment Corporation. and is privately managed on behalf of these shareholders. Heathrow Airport Holdings Limited is thus an airport operator group (Anderson 2014).
London Heathrow Airport does not have full autonomy from the government. There are several government rules, regulations, and policies that affect this airport and which the airport must adhere to. For instance, the UK government in March 2013 developed the Aviation Policy Framework that mainly strategizes on how the UK aviation industry can grow and flourish in the future for the good of the UK economy (Regeneris Consulting 2013). This policy also addresses the major issues of carbon emission and noise. Additionally, the 2003 UK government’s white paper:&nbsp.

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