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New runway marks a pivotal moment for UK aviation

New runway marks a pivotal moment for UK aviation

Ed Thomas, UK head of transport at KPMG, comments on approval by ministers on third runway at Heathrow Airport

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Ed Thomas, UK head of transport at KPMG, comments on approval by ministers on third runway at Heathrow Airport. He said:

 

“Today’s decision marks a pivotal moment for UK aviation. Now, more than ever, UK plc needs to demonstrate both its ability and willingness to connect to trading partners and investors in the rest of the world. This positive commitment to vital UK aviation infrastructure will send a strong message that we are open for business.

 

“The debate about new runways in the UK should never have been framed purely in terms of where to lay 3000 metres of concrete and tarmac. More fundamentally it is a debate about how we secure our future economic prosperity. Within a decade, over half of global growth will be driven by emerging economies, and the UK needs to make sure we are connected to that growth engine. How do we do that if London’s airports are full? 

 

“Currently London is not directly connected to 128 of the biggest cities in the world and without additional capacity, this will deteriorate over time. It is forecast that by 2030, we will lack connections to 194 of the 309 cities that have populations of over two million. Of these 194 cities 16 will be in China and 15 in India, both leading emerging markets, which will power global growth. Our competitors already have connections to 41 of these cities.”

 

ENDS

 

For media enquiries, please contact:

 

Nahidur Rahman, KPMG corporate communications

T: +44 (0) 20 7694 8812

M: +44 (0)73 9376 0775

E: nahidur.rahman@kpmg.co.uk

 

Follow us on twitter: @kpmguk

 

KPMG Press Office: +44 (0)207 694 8773

 

Notes to Editors:

 

About KPMG

KPMG LLP, a UK limited liability partnership, operates from 22 offices across the UK with approximately 14,500 partners and staff.  The UK firm recorded a revenue of £2.2 billion in the year ended 30 September 2017. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. It operates in 154 countries and territories and has 200,000 people working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity.  Each KPMG firm is a legally distinct and separate entity and describes itself as such.

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