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148 days

Heathrow Airport had enough power to avoid shutdown after fire, Britain's National Grid says

1. Heathrow Airport closed after a fire at an electrical substation. 2. National Grid confirmed other substations had capacity to power Heathrow. 3. Over 1,300 flights were scheduled on the day of the incident. 4. Heathrow's shutdown is expected to cost airlines millions. 5. IATA criticized Heathrow's infrastructure reliance on a single power source.

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FAQ

Why Bearish?

The operational disruption at Heathrow is likely to impact airline stocks negatively, including NGG's associated infrastructure.

How important is it?

The article highlights significant operational issues at a major international hub, affecting tourism and airline performance, which may indirectly impact NGG's market perception.

Why Short Term?

The immediate fallout from the incident will affect airlines and travel-related costs, but NGG's longer-term operations remain unchanged.

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