Gatwick announces £1 billion investment plan

Gatwick Airport is set to break out of the BAA mould by announcing a new brand and the commencement of a £1 billion investment programme.

It’s now six months since Global Infrastructure Partners completed its purchase of Gatwick from BAA, and the billion pound investment is set to see Gatwick go head to head with its former owner to become London’s ‘airport of choice’ for passengers and airlines.

The £1 billion development plan will be rolled out over the next two years, delivering new, modern facilities at every step of the journey through Gatwick including the South Terminal departure lounge, entrance forecourts, immigration hall, baggage systems and the North Terminal Interchange.

Speaking about the announcement Stewart Wingate, CEO of Gatwick Airport, said: “Today is an important milestone as we compete to make Gatwick, London’s airport of choice for passengers and airlines. Gatwick has long been recognised as London’s favourite airport, a more friendly and enjoyable place to travel. It’s by building on these qualities and investing in new facilities that Gatwick will go from strength to strength.”

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