• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

Should a Fifth Terminal be built at Heathrow Airport.

Extracts from this document...

Introduction

Business Studies: Should a Fifth Terminal be built at Heathrow Airport Introduction Heathrow, built on London's Breen Belt, is the world's busiest international airport and Europe's second largest airport. Adding to the 3000 acres containing 4 terminals, 2 runways, roads and car parks, plans have arisen concerning a 5th terminal causing major public concern. This concern is that, along with all the good affects, there will be a lot of worrying affects that the local public have objected to. My objective is to weigh up all these issues and come to a conclusion that will maybe look towards other alternatives. In doing this I have to look at the externalities that Terminal 5 will create. Externalities are affects from an activity on a third party, a party other than the buyer or seller. In this case, the third party is the general public. Existing Problems Heathrow has been labelled as "the big polluter"1. This is because Heathrow contributes a large amount of the pollution in the air that we, the public, breathe in. This is due to a combination of smoke from flights and cars accessing the airport. The problem is so bad that tests in residential areas near the A4/M4 corridor have found air quality tests consistently below World Health Organisation (WHO) ...read more.

Middle

Quarrying will damage these landscapes beyond repair, which might be regretted if the fifth terminal doesn't live up to BAA's expectations. Positive Externalities The 5th terminal may have caused a public outcry, but the new plans will also benefit a lot of people. The BAA feel that Terminal 5 is an economic necessity, here's why: * More jobs will be created by the extra terminal such as jobs in construction and jobs in the terminal as well as more pilots and flight assistants. This will bring the unemployment rate down and helping the economy grow. As well as this, more money will be being spent in the economy, meaning more demand. This is known as multiplier effects * Without the terminal, Heathrow will lose business and stature to other European airports. * A recession would be less likely due to the multiplier effect. * Existing business will benefit, as more people will be attracted to the area, which would improve the local community spirit. There are some benefits to the proposal of Terminal 5 but are out outweighed and outnumbered by the negative affects it will cause. This is because the negative externalities will affect far more people than the positive externalities will. For example, more people will be disturbed (every one in the flight path) ...read more.

Conclusion

Conclusion Heathrow Terminal 5 was planned to be bigger than the whole of any other airport in Europe. So I think that it might be necessary that a new airport should be created instead of constant expansion on the same airport. One opinion is that the constant expansion of Europe's biggest airports is petty competition when the only losers will be the country's economy 2. This is because the only competition between airports is for people changing planes. The minority enter our country, only to pass through instantly doing nothing for our economy. A new airport would have the same affects; it would increase flights and maybe help the economy. But more importantly it would keep the public happy with minor disturbances and jobs created to maintain the standard of living that they have become accustomed to. However, a new airport would still cause mass disturbance to wherever it is installed. But this cannot be prevented, so maybe it would be better to build it where the jobs will be even more welcomed and where the inevitable disturbances would affect less people than in and around the nations capital. The new airport might complicate flight timetables, and with the current number of delays, this would not be welcomed by travellers. There is no simple resolution to this matter, but as I have proved, Terminal 5 would put the public into a disruptive community in which the people effected will live. ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our AS and A Level Global Interdependence & Economic Transition section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related AS and A Level Global Interdependence & Economic Transition essays

  1. International Ecotourism Management: Using Australia and Africa as Case Studies.

    He feels that local Maasai people need much more access to decision-making, including determination of grazing levels in the reserves. Community development must be an important component of planning for all nature-based tourism. Both public sector land owners and private sector service providers have responsibility to guide community development in positive directions.

  2. The UK travel and tourism industry

    They are more likely that the large multiples, to offer a wider range of specialist travel services, e.g. special interest package holidays, such as wildlife tours, walking holidays, etc. They place particular emphasis on providing a personalized service and specialist advice to their customers, most of whom they will know

  1. Investigating Travel and Tourism

    This has a booming impact on travel and tourism as it is so much easier to book a holiday as everything can be catered for, for your own personal needs. Sunvil Holidays. * Sunvil online offers a different service to Expedia as you can't book online whereas they offer a variety of holidays around the world.

  2. Key Issues - SE Airport development

    11.5 In the consultation exercise, we put forward options for one or more new runways at each of Stansted, Heathrow and Gatwick as well as an option for a new airport at Cliffe. We also consulted on two options for development of Luton Airport.

  1. Spain: European Studies

    1 13 Serbia& Montenegro 6 3 3 0 10 0 12 Lithuania 5 2 3 0 7 2 9 Belgium 5 2 1 2 7 7 7 Bosnia-Herzegovina 6 0 3 1 6 7 7 San Marino 7 0 0 6 2 23 0 The Spanish first division contains 20 teams, although discussions continue to reduce to 18.

  2. The Multimedia Super Corridor (MSC)

    In term of transportation, MSC area will also be developed with integrated logistic hub with rapid rail links to Kuala Lumpur and for telecommunication, MSC is supported by a high capacity global telecommunications and logistic network built on a 2.5 - 10 gigabits digital fibre optic backbone.

  1. Should the expansion of Luton airport be allowed?

    It is estimated 5,000 new jobs will be created for the expansion. (Footnote www.bbc.com). This will be a good thing as Luton has a high unemployment rate at 6 %.( Footnote www.tuc.org.uk). Another positive externality is the increase in people coming to the airport.

  2. Parellel runway

    This would be from and estimated 6 million a year that it is presently to an estimated 30 million passengers a year after expansion. (Footnote www.lutontoday.com) This means more money would be pumped into Luton and surrounding villages as more travelers will be going to these towns.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work