London's Heathrow Airport (LHR) will submit a proposal for a third runway to the U.K. government this summer and hopes to use it for flights within the decade.

In a keynote address at British Steel Scunthorpe, Heathrow CEO Thomas Woldbye welcomed the Government's strong support for the airport’s expansion, including a third runway.

London's Heathrow Airport will submit its proposal for a third runway this summer, the chief executive of the hub said, weeks after the British government threw its weight behind the project citing its potential to boost trade and economic growth.