Gatwick’s New Owners Reject Second Runway Plan

8 February 2010 (Last Updated February 8th, 2010 18:30)

New owners of Gatwick Airport in the UK have said that they have no plans to build a second runway at the West Sussex site. According to BBC News, Gatwick chairman Sir David Rowlands said in a meeting with members of the Gatwick Area Conservation Campaign (GACC) that there was no intere

New owners of Gatwick Airport in the UK have said that they have no plans to build a second runway at the West Sussex site.

According to BBC News, Gatwick chairman Sir David Rowlands said in a meeting with members of the Gatwick Area Conservation Campaign (GACC) that there was no interest in a second runway.

A planning application for the new runway is estimated to cost between £100m ($156m) to £200m ($312m).

US-based investment fund Global Infrastructure Partners took over the ownership of Gatwick Airport from BAA in December 2009.