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Gatwick unveils £1.1bn investment plan to boost long-haul growth

Air
James Chapple
13 June 2018

Gatwick has revealed details of more than £1 billion fresh investment in the airport, which will see a new aircraft stand added allowing the hub to better accommodate A380s.

The extension is set for completion in 2022

The airport on Wednesday (June 13) revealed details of a new five-year capital investment plan, outlining some £1.11 billion spending up to 2023 - including £266 million in 2018/19 alone.


Chief executive Stewart Wingate said the improvements would boost Gatwick’s long-haul capacity and allow overall passenger numbers to swell to 53 million by 2023.


He added the additional £1.11 billion took investment in Gatwick to £3.14 billion since Global Investment Partners bought a stake in the airport in 2009.