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Gatwick Celebrates Growth

Gatwick Celebrates Growth

Q1 Passenger Figures: Robust start to financial year as Gatwick celebrates growth

  • 12.5m passengers travelled through Gatwick Q1 April – June 2019
  • Total passenger numbers +1.7% year-on-year, with long-haul +2.2%
  • Responding to passenger demand Qatar Airways adds five new weekly flights to Doha

London Gatwick has achieved its busiest ever start to a financial year, as passenger numbers grew by +1.7% in Q1, compared to 2018, as 12.5 million passengers travelled through in the first three months of the 2019 – 2020 financial year.

Long-haul growth was also strong in Q1, up +2.2%. North Atlantic routes drove this busiest-ever start to a calendar year with Tampa +58%, Winnipeg +29%, Calgary +28%, New York +28% and Orlando +15%. While further afield passengers to Doha increased +190%, Colombo +151% and Buenos Aires +58%.

Responding to the passenger demand for flights to Doha, and beyond, Qatar Airways increased flight frequency from Gatwick, in June, with the carrier now flying three times daily up from 16 flights weekly. This follows the airline celebrating its first anniversary of flying from Gatwick in May.

During Q1, Gatwick welcomed more passengers than ever before during the Easter holidays up + 2.5% compared to Easter 2018.  European sun featured most prominently among the fastest growing Easter destinations with Bilbao +119.4%, Bodrum +112.9%, Budapest +105.8%, Mahon +86.3% and Vienna +73%.

Stewart Wingate, Chief Executive Officer, Gatwick Airport said:

“Gatwick is achieving robust growth in this Spring / Summer period where airport capacity is already well utilised and I’m proud even in these already busy Spring / Summer months we have been able to achieve yet further growth. Right across all airline types, carriers are starting new routes and increasing flight frequencies.

“We have published the final version of Gatwick’s masterplan, outlining potential options for future growth enabling the airport to make more of the world’s most exciting destinations accessible to more people than ever before while boosting trade and tourism opportunities locally and nationally.”

Quarter

 

Moving Annual Total

Growth

Jul-18

Jul-17

Growth

Q1 2019

Q1 2018

(%)

 

Jun-19

Jun-18

(%)

 

 

 

 

Total terminal passengers (000s)

12,547.2

12,341.6

1.7%

46,647.0

45,760.7

1.9%

Market Analysis:
UK + Channel Islands

901.7

985.4

(8.5)%

3,639.4

3,881.9

(6.2)%

Ireland

416.7

417.0

(0.1)%

1,675.1

1,677.9

(0.2)%

European scheduled

8,267.5

8,019.7

3.1%

29,561.0

29,151.4

1.4%

European charter

711.5

717.3

(0.8)%

2,890.0

2,944.7

(1.9)%

North Atlantic

1,153.3

1,132.4

1.8%

4,167.7

3,695.2

12.8%

Other long haul

1,096.6

1,069.8

2.5%

4,713.8

4,409.5

6.9%

Air transport movements

75,598

74,590

1.4%

282,749

279,586

1.1%

Cargo (metric tonnes)

26,121

26,862

(2.8)%

113,785

107,051

6.3%

 

About Gatwick Airport

Gatwick is the UK’s second largest airport. It serves more than 230 destinations in 74 countries for 46 million passengers a year on short and long-haul point-to-point services. Gatwick is also a major economic driver and generates around 85,000 jobs nationally, with 24,000 of these located on the airport.

Since May 2019, a new long-term partnership was formed with VINCI Airports who purchased a 50.01% stake in the airport. This partnership sees Gatwick Airport integrate into the network of VINCI Airports, the leading private airport operator in the world, which manages the development and operation of 46 airports across the globe. Served by around 250 airlines, VINCI Airports’ network handled 240 million passengers in 2018 – including traffic at London Gatwick. VINCI Airports develops, finances, builds and operates airports, leveraging its investment capability, international network and know-how to optimise performance of existing airport infrastructure, facility extensions and new-build construction projects.

Global Infrastructure Partners (GIP), which manages the remaining 49.99% interest in Gatwick, is an independent infrastructure investor that makes equity investments in high quality infrastructure assets in the energy, transport and water/waste sectors. GIP has US$56 billion of Assets under Management. Its 18 portfolio companies operate in over 50 countries with circa 54,000 employees and generate annual revenues of circa US$50 billion.

For more information on VINCI Airports please www.vinci-airports.com and for more information on GIP please visit http://global-infra.com.

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