Gatwick Airport has unveiled its master plan this week for the next decade as it continues to be a major economic driving force in the South East.
Passenger numbers, currently at 34 million a year, are expected to reach 40 million in the 2020s, delivering £2.1 billion a year to London and the South East.
The airport cannot introduce a second runway before 2019, but the master plan outlines how it can reach full capacity of 45 million by 2030.
Stewart Wingate, Gatwick Airport’s chief executive, said: “Gatwick plays an important role in supporting growth in the local and wider UK economy. We are responsible for providing jobs to 21,000 people today and enabling the tourism industry to flourish and businesses to prosper.
“Our finalised master plan sets out how we will achieve sustainable growth on our single runway in order that we can continue to support economic recovery and growth and open up further routes to emerging economies.”
“We remain committed to honouring the 2019 agreement which prohibits the building of any second runway before that time. At the same time, and like any other business, our plans need to cater for all eventualities. We need to anticipate that, in the long term, a second runway at Gatwick may be needed. This means we will continue to work in partnership with our local authorities to safeguard land for future expansion because we believe it to be sensible business practice and it supports current Government policy.”
Under new ownership the airport has delivered parts of its £1.2bn investment programme, and has a further £1bn planned from 2014.
They are also hoping to improve access to Gatwick via road and rail in an effort to encourage 40 per cent of non-transfer passengers to use public transport.
A new noise mitigation scheme will be rolled out in 2013 following public consultation.
To view the master plan visit their website.