Gatwick cuts its traffic estimates due to the economic uncertainty

GATWICK airport said its predicted rate of long-term growth in passenger traffic would be lower than previously expected because of tough economic conditions and an uncertain outlook.

Gatwick yesterday started a three-month public consultation on its draft master plan for the airport, looking ahead to 2020. The report also looks at ways of making the best use of the airport’s single runway whilst providing scenarios for growth to 2030.

“The rate of growth in traffic is lower than previously disclosed, reflecting current economic conditions and outlook,” Gatwick said.

“Over the next 10 years Gatwick Airport Limited expects annual traffic to grow to 40 million passengers.”