London Gatwick Airport invests 1.1bn pounds in expansion

Image
AFP London
Last Updated : Jun 14 2018 | 12:50 AM IST

London Gatwick Airport announced today it was spending 1.1 billion pounds on expanding its facilities over the next five years to accomodate a growth in passenger numbers.

Gatwick is the eighth-busiest airport in Europe and sits behind Mumbai as the world's busiest single-runway air hub.

"Gatwick is a major piece of national infrastructure, and our continued growth and ability to attract long-haul airlines is vital for the health of the UK economy, particularly in a post-Brexit world," said the airport's chief executive Stewart Wingate.

"By committing to spend another 1.1 billion pounds, Gatwick can continue to grow sustainably, attract new airlines and offer more global connections, while providing an excellent service to passengers."

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 14 2018 | 12:50 AM IST

Next Story