Proposed third runway at Heathrow will run right through British Airways headquarters

"ttyymmnn" (ttyymmnn)
11/28/2016 at 10:38 • Filed to: planelopnik

But nobody bothered to inform the chief of International Airlines Group, BA’s parent company, that his office would fall to the wrecking ball.

“The first I saw of it was when the !!!error: Indecipherable SUB-paragraph formatting!!! and I saw a map and I thought, that looks very close to Waterside,” Walsh said. “Then I discovered it actually went right through Waterside.”

Waterside is the headquarters of both BA and IAG, a facility that cost £200m to build and opened in 1998. Through the British version of eminent domain, IAG will receive 25% over the market price for the property. However, rising fees to operate from an expanded Heathrow mean that the company will essentially end up paying to have their headquarters demolished.

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DISCUSSION (7)

f86sabre > ttyymmnn
11/28/2016 at 10:45

That is awkward.

For Sweden > ttyymmnn
11/28/2016 at 11:21

Looks like HM Government is going to buy British Airways a swanky new HQ.

For Sweden > f86sabre
11/28/2016 at 11:22

Not as awkward as when they move the headquarters downtown and make everyone who bought a place by the airport commute.

No I don’t know anyone at United why do you ask?

Cé hé sin > ttyymmnn
11/28/2016 at 11:53

“Through the British version of eminent domain,”

(Googles)

Compulsory purchase as I would call it. Interestingly if you’re in Sweden the government or local authority have to pay fair value plus 25%.

someassemblyrequired > For Sweden
11/28/2016 at 12:03

given that BA operates like half of Heathrow flights, it’ll be like 40-50% of a swanky new HQ

For Sweden > Cé hé sin
11/28/2016 at 12:06

No the Swedish government just lets the Nazis move in for free.

Pistol Whipped Cream > ttyymmnn
11/28/2016 at 14:09

I didn’t realize this was approved. When I was there earlier this year I saw a lot of ads on the underground against it. I think it was paid for by the London City Airport.