01 Aug 2025, 16:13
Discussion on the expansion plans of the third terminal at Gatwick
- IAG expressed concern regarding high tariffs on transportation
- Surinder Arora proposes a shorter golden runway to reduce costs
- IAG reported an increase in non-revenue generating flights at Gatwick
The International Airlines Group (IAG), which owns British Airways, expressed concern regarding the plans to expand Gatwick Airport, including the possible construction of a third runway. IAG's CEO Luis Gallego noted that the new runway could remain empty if the value of air travel increases.
According to him, investments in the airport expansion could reach £50 billion, and if the existing regulatory model is not changed, passengers could end up paying twice as much for tickets. Currently, the airport charges around £25 per passenger per flight, but new tariffs could significantly raise prices.
Gallego also emphasized that competition among proposals submitted by Gatwick's owners and businessman Surinder Arora is a positive aspect. Arora proposes a shorter runway of only 2800 meters, which, in his opinion, would reduce risks and costs.
Currently, IAG believes that a shorter runway would limit the operational flexibility of the airport. Gallego added that to successfully build a third runway, it is essential to change the airport's regulatory model.
At the same time, IAG reported an increase in revenues for the first half of 2025, despite the difficulties associated with Gatwick's closure due to a fire in the terminal that resulted in losses of around £40 million.
Tags: Aviation