ONLY GATWICK CAN DELIVER A NEW RUNWAY AND A MARKET THAT WORKS FOR ALL PASSENGERS

14 May 2014

London Gatwick will submit to the Airports Commission a 3,200 page, evidence-based report that shows clearly why expansion at Gatwick is the obvious solution to meeting the UK’s connectivity needs for the next generation.

A second runway at Gatwick will enable more people to fly to more destinations,
earlier. It can be delivered more cost effectively, with a higher degree of certainty
and much less planning, construction and financial risk.

Expansion at Gatwick will increase competition to destinations around the world from
London’s airports which will deliver extra capacity at a lower cost and lower fares for
all passengers. The economic benefit to the UK of this enhanced competition will be
£40 billion more than Heathrow’s third runway. Furthermore, in contrast to the
Heathrow case, this can be delivered at no additional cost or risk to the taxpayer.

Stewart Wingate, CEO of London Gatwick said: “As we reach this critical point in the
aviation debate it is clear that the Airports Commission has a very real choice to
make: expand Gatwick and create genuine competition in the market with lower fares
for everyone, or move back to a London airport market dominated by a single player
and saddle the next generation with higher air fares.

“Why would you choose to fly a quarter of a million more planes every year over one
of the world’s most densely populated cities when instead you can fly them mostly
over fields? Why tunnel part of the busiest motorway in Europe – the M25 - causing
serious traffic disruption, when you can build on land already set aside for
expansion? The choice is an obvious one. Expand the best and only deliverable
option – Gatwick – and create a market that serves everyone.”

London Gatwick’s case for expansion builds on the strengths of the existing network
of airports, which already serves London and the UK. It is the best solution on the
grounds that:

Expanding Gatwick creates the market that works for all passengers

A two-runway Gatwick in competition with a two-runway Heathrow will encourage
greater competition between airlines and airports, spur innovation, drive greater cost
efficiencies and result in lower fares for passengers. Considering the effect of
competition alone, we calculate that the UK economy would be better off by up to
£30 billion over 60 years.

The alternative is returning to a market with one dominant player where passengers
will end up paying more for less choice and less convenience.

Expanding Gatwick will deliver greater economic benefits for the whole of the
UK

Expansion at Gatwick will give the UK the greatest economic boost, more quickly,
and more flights to more destinations from London.

It will deliver an overall economic benefit to the UK of around £40 billion more than
expansion at Heathrow and at no additional cost or risk to the taxpayer.

Expansion at Gatwick would attract new businesses creating an additional 120,000
jobs across London and the South East.

Only expansion at Gatwick will address the demands of the future and help maintain Britain’s leading position in the global race 

Aviation is changing fast. It is important that any decision about where future runway
capacity should go is one which best enables the UK aviation sector to adapt to
market trends of the future rather than the patterns of the past.

The Gatwick proposal is best placed to align with key future trends - including
continued market share gains by Low Cost Carriers, the spread of new technology
hub-busting aircraft such as the Boeing 787 and Airbus A350, and the rapid rise of
new hubs in the Middle East and Far East. It is most likely that such trends will
continue to reduce the relative importance of traditional transfer traffic through
London, and will confirm that seeking to install a single dominant hub is not the best
solution for the UK's future needs.

Only Gatwick can cater for all airline models – full service, low-cost and charter – with
affordable charges and facilities that enable fast and efficient aircraft turnaround
times. The best choice is to build at Gatwick and develop a future proof solution that
can support growth of all airline models.

The alternative is to build at Heathrow which excludes the low-cost business model
which has transformed the market over the past decade and continues to be the
main driver of innovation.

Only Gatwick is the deliverable option

What the UK needs above all is certainty that additional runway capacity will at last
be delivered. With Gatwick now firmly at the centre of this debate there is greater
certainty that a new runway could be built.

Gatwick’s second runway is a straightforward construction project, building a new
runway on land already set aside for runway expansion. Unlike Heathrow, it doesn’t
involve putting the busiest stretch of the busiest motorway in Europe into a tunnel,
which would cost the UK in excess of £1bn in disruption.

The lower construction risk means a second runway at Gatwick could be built for
£7.8 billion – considerably less than the cost of a new runway at Heathrow. This
would result in airport charges (£12-15 per passenger at today’s prices) that would
be around a third of the price of Heathrow’s and an operational second runway by
2025.

Many fewer homes will be under the flight path than at Heathrow but to support those
most affected, Gatwick has introduced Europe’s most progressive noise and
insulation scheme. If a second runway is built, Gatwick will also compensate those
most affected with an offer of £1,000 per annum towards their Council Tax.

The many planning, environmental, surface access and political difficulties
associated with Heathrow means there is considerable doubt whether another
runway would ever get built – giving the Gatwick option much greater certainty.

 
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