Cash boost for London airports

Airports operator BAA says it is planning to invest 8.1 billion pounds in its three London airports over the next 11 years.

BAA also said in a statement on Friday it expected overall passenger numbers at the three airports -- Heathrow, Gatwick and Stansted -- to rise 46 percent over the period.

The bulk of the money will be spent at Heathrow where BAA is building a new fifth terminal and will upgrade existing facilities.

BAA said the plans were dependent on it getting permission to increase capacity.

(source: BAA)

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