New Gatwick owners rule out second runway

Although there may be many businesses disappointed by the news, local residents and home owners will be breathing a sigh of relief after Gatwick airport’s new owners ruled out the possibility of a second runway, the Argus reports.

In a meeting with the Gatwick Area Conservation Campaign (GACC), Gatwick chairman Sir David Rowlands said: “The simple fact is that we at Gatwick have not a shred of interest in a second runway.

“It’s not Government policy and it’s not in our policy. Even if the Government started to look more favourably at the prospect, we would have to think very hard about spending £100 to £200 million on a planning application with an uncertain decision.

“We would have to look even more carefully at the economic value of a multibillion-pound project – would there be a commercial return?”

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