Heathrow Airport with a Third Runway

489 Words2 Pages
Stakeholders are groups of people who have their links with the organizations. They both have effects and affected by the firm’s decisions either external or internal (Andrew Gillespie, 2011). Tory MP Tim Yeo stated that ‘If we do not build a third runway at Heathrow, Britain will "slide towards insignificance".’ A member of the opposition Labor Party and also the Committee chairwoman Louise Ellman, stated that "Heathrow has been short of capacity for a decade and is now operating at about 99% capacity," From the above, the runway was needed because of the lack of capacity and also for the enhancement in economic development. This essay will analyze the impact on stakeholders of BAA when the decision of expanding the third runway in Heathrow Airport was made. First, it defines what BAA is and presents those stakeholders of BAA. Then, it considers arguments, positive sides for each stakeholder and identifies where there are conflicts or common interest between the stakeholders. Finally, it explains which stakeholders are most important from the impacts that have identified. In terms of passenger numbers, Heathrow Airport is the busiest international airport in the world. Besides, one of the stakeholder-rich environments is airports. BAA is a large company who privately operate a number of UK airports, including London Heathrow Airport. Their mission statement is to achieve improvements in the profitability rapidly and to maximize the profit. There are several stakeholders of BAA; they can be divided into internal and external. Airlines, logistics companies, the employees and the customers are those internal stakeholders. For the external ones, they are the government, the local community and the green organizations. The third runway will bring both positive and negative effects to them, conflicts or common interest will also emerge between the stakeholders. For

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