Gatwick Airport profits soar by £20million

Editorial image
Editorial image

Gatwick Airport has revealed an increase in profits and passenger numbers.

The number of passengers in the six months to September 30 2013 was 20.8 million - up by 4.4 per cent in comparison to the same period last year.

Growth has come mainly from short haul European flights and business services from easyJet and Turkish Airlines.

Pre-tax profits in the six months to September 2013 were £127.3m, up from £107.2m in the same period last year.

Turnover has increased by 10.7 per cent to £360.6 million.

Stewart Wingate, CEO of London Gatwick, said Gatwick will celebrate four years of new ownership in December.

He said: “In this time we have turned around decades of under investment to enable Gatwick to emerge as a competitive, world-class airport.

“Gatwick continues to attract new airlines and routes, which were once only the domain of Heathrow. We now serve routes as diverse – and strategically important for the UK – as Moscow, Beijing, Istanbul and key cities in Vietnam.

“Next year, we will continue to grow our long haul network with routes including Jakarta, New York and Los Angeles.”

He added that a second runway would help boost the airport’s successes further.

He said: “This is just the start of what Gatwick has to offer. A new runway here would deliver the routes that passengers actually want at a better price, more quickly and with significantly less environmental impact.”