Plans to build a new £1.5 billion terminal at Heathrow Airport have been given the green light by the Mayor of London and Hillingdon Council.
The new Heathrow East Terminal will replace Terminals One and Two, with the first phase of development expected to be completed in time for the Olympics in 2012.
It is part of BAA's ten-year redevelopment plans for Heathrow Airport, which are expected to be worth around £6.2 billion.
BAA chief executive Tony Douglas said: "I'm delighted that we've got the green light for Heathrow East.
"By June 2012, most of our passengers will be travelling through terminal facilities that aren't even open today and we will have either re-built or redeveloped all our other terminals.
"Heathrow will be like a new airport for London."
The new Terminal Five building is set to open in March 2008 and the airport hotels and airport parking areas surrounding Heathrow will be stretched to the limit, with an extra 30 million flyers a year anticipated.
Meanwhile, British Airways revealed it is to invest £25 million on a new fleet of environmentally-friendly airport vehicles as part of the move to Terminal Five next year.
The new Heathrow East Terminal will replace Terminals One and Two, with the first phase of development expected to be completed in time for the Olympics in 2012.
It is part of BAA's ten-year redevelopment plans for Heathrow Airport, which are expected to be worth around £6.2 billion.
BAA chief executive Tony Douglas said: "I'm delighted that we've got the green light for Heathrow East.
"By June 2012, most of our passengers will be travelling through terminal facilities that aren't even open today and we will have either re-built or redeveloped all our other terminals.
"Heathrow will be like a new airport for London."
The new Terminal Five building is set to open in March 2008 and the airport hotels and airport parking areas surrounding Heathrow will be stretched to the limit, with an extra 30 million flyers a year anticipated.
Meanwhile, British Airways revealed it is to invest £25 million on a new fleet of environmentally-friendly airport vehicles as part of the move to Terminal Five next year.