HighlightsCAA sanctions Arora's cheaper runway proposal.His £25bn plan backed by British Airways and Virgin Atlantic.Alternative could avoid M25 disruption unlike rival scheme.Surinder Arora could run Heathrow's third runway after the Civil Aviation Authority opened the door to competitive bidding for the airport's expansion.The regulator started a consultation presenting four possible models for Heathrow expansion, including letting a competito…
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