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London airports' to ease traffic

26 Apr 2007

UK airport operator BAA has announced plans to ease passenger traffic at its major London hubs.

Forecasts for passenger growth predict that London Heathrow, Gatwick and Stansted airports will see a combined increase in numbers of 2.8% every year for the next 11 years.

In light of this, BAA has announced that around £9.3 billion will be invested in new measures to make life easier for those passing through the airports.

'Last month BAA announced its ongoing investment to cut airport queues quickly, today we are focused on our long-term plans to free the travelling public from congestion and provide a good experience at our airports,' commented Stephen Nelson, chief executive officer at BAA.

'Our investment programme is big, ambitious and long-term, yet will require no subsidy from taxpayers.

'The size and strength of BAA's balance sheet and our unrivalled experience in developing new airport facilities, give us great confidence that we can deliver this scale of investment on time and on budget,' he added.

Plans to improve airport facilities include building a new runway and terminal at Stansted, replacing the current Terminal Two at Heathrow, renovating Terminals three and four at Heathrow and introducing a second satellite at the new Terminal Five.

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