Gatwick outlines plans to deliver new runway by 2025

Gatwick Airport Chairman, Sir Roy McNulty has written to the Prime Minster outlining the airport’s plan to deliver a new runway by 2025.

In the letter, Sir Roy pledges that

  • Subject to planning permission being granted in this current Parliament, Gatwick can commence building work before the next election and can deliver the new runway prior to following election.
  • The new runway will guarantee balanced economic growth across the UK.
  • Gatwick will deliver more competition and a guarantee that passenger charges would be subject to an inflation linked £15 firm price limit from 2025 through to 2050.
  • The new runway will be privately funded at no expense to the taxpayer.
  • There will be no breach air quality limits imposed by the Government.
  • Gatwick will cap the number of people affected by noise, imposing a noise contour cap of 70kmsq covering 15,000 people experiencing 57decibels LEQ noise and a wider contour cap of 175kmsq covering 40,000 people experiencing 55 decibels LDN.
  • In addition to the noise contours, Gatwick will introduce an industry-leading compensation scheme – paying £1000 pa towards the Council Tax of those most affected by noise (57 decibels LEQ) from 2025.
  • Shareholders are committed to the timely delivery and financing of the second runway.

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