Heathrow super-runway backers could sell scheme to airport The group is hoping to sell the scheme to Heathrow Airport, whose plans for a third runway to the north west of its current site have also been shortlisted by Sir Howard, a former chairman of the Financial Services Authority. The Heathrow options are in a battle with Gatwick, which wants to build a second runway to the south of its current site. Heathrow Hub's idea was drawn up by a former Concorde pilot, Jock Lowe, and has been further developed with the help of its other three directors, including Mark Bostock, a former engineer with Arup who designed the route for the High Speed One rail line from London to the Channel. The directors have attracted funds from a group of venture capitalists, including Mr Hannam. However, Mr Lowe insisted any sale price would be modest compared with the overall costs of expanding Heathrow. It would still make Heathrow Hub's solution the cheapest on the table. "It's unlikely to be a deal-breaker," said Mr Lowe. Compared to the billions of pounds that we're talking about, I think we're not even talking to the decimal places. The company also has options over 80 acres of land to the north of Heathrow Terminal 5, where it hopes to build a transport hub which could connect to the M25 and several major rail routes. The option exists until 2017 and the land could then be sold to the Government or investors. Property agents have suggested the group could make millions from the land sale, but Heathrow Hub wrote to the Government to assure ministers that it would sell to taxpayers "at cost." "We do not intend to profit at the taxpayer's expense," one director, Steven Costello, recently wrote in a letter to Patrick McLoughlin, the Transport Secretary.