Billion-pound Gatwick boost

By Jill Sayles

A five-year capital investment plan for Gatwick Airport has been unveiled, with a total of £1.11 billion to be spent up to 2023, and £266 million earmarked for 2018/19.

Gatwick predicts that passenger numbers will increase to nearly 53 million by 2023. The total investment figure rises to £3.14 billion since the airport changed ownership in 2009. New projects beginning this year include the Pier 6 western extension and work on Pier 5 so it can handle the A380 aircraft.

There will also be a new domestic arrivals facility in the South Terminal and a new mezzanine level in the North Terminal departure lounge.

Stewart Wingate, Gatwick Airport’s chief executive, said: “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. By committing to spend another £1.11 billion, Gatwick can continue to grow sustainably, while providing an excellent service to passengers.” ABTAmag.com