UK should demand cost pledge for new runway: airline bosses

London

BRITISH lawmakers should force Heathrow to promise not to raise passenger charges before they give the airport the green light to build a new runway, airline bosses said on Tuesday.

Transport Secretary Chris Grayling has said that the government aims to give the formal go-ahead to a new runway at Europe's busiest airport in the first half of 2018 subject to consultation work and securing the backing of Parliament.

Heathrow has pledged to keep down costs but the bosses of British Airways owner IAG and Virgin Atlantic said that the government should demand a…