London Gatwick Airport set to be modernised
Thu, 22 Oct, 2009
London Gatwick Airport's new owner has promised to upgrade facilities and improve performance at the site.
The sale of the UK's second busiest airport was completed on October 21st 2009 when investment fund Global Infrastructure Partners (GIP) agreed to pay BAA £1.5 billion.
BAA had earlier been ordered to sell the facility by the Competition Commission, amid concerns that the Spanish-owned airport operator had too much control over the UK air transport sector.
Michael McGhee, a partner at GIP, said the new owner has big plans for London Gatwick Airport.
"We will upgrade and modernise Gatwick Airport to transform the experience for both business and leisure passengers," he explained.
Mr McGhee added that GIP, which also owns London City Airport, also intends to work with airlines in a bid to improve performance.
Trade union Unite, which represents many of those who work at London Gatwick Airport, reacted to news of the sale by requesting immediate talks with GIP on issues such as job security and pensions.