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Airport operator BAA abandoned proposals for a 3,500 m third runway at Heathrow Airport on Monday, citing environmental reasons.A spokeswoman said: 'The Government came up with options to increase runway capacity in the South-East.'Economically, a third runway at Heathrow is best. But the environmental cost was too great. It would have meant the loss of 3,300 homes. We would not have got planning permission for that.'BAA will press hard instead for the proposed £1 billion fifth ...

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