The Business Times

Gatwick Airport records busiest six months on record

Published Thu, Nov 20, 2014 · 08:12 AM

[LONDON] Gatwick Airport, Britain's second busiest airport which is competing to be chosen as the site for a new runway, reported the six months ended Sept 30 were its busiest on record, with passenger numbers in the period up 8 per cent.

Gatwick on Thursday said a total of 22.5 million passengers used it in the first six months of its financial year, helping boost core earnings by 12.7 per cent to 221.6 million pounds (US$347 million).

Gatwick, south of London, has been short listed by a government commission as a possible location for a new runway in the densely populated London area, along with two options at the country's busiest airport Heathrow.

The commission is due to make a recommendation on where to build the new runway next summer.

Gatwick is run by Global Infrastructure Partners (GIP), which owns a 42 per cent controlling stake in the airport. Other shareholders are the Abu Dhabi Investment Authority, National Pension Service of Korea, California Public Employees'Retirement System and the Future Fund of Australia.


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