New Gatwick Owner Unveils £1.5bn Development Plan

23 June 2010 (Last Updated June 23rd, 2010 18:30)

Global Infrastructure Partners (GIP), the new owner of Gatwick Airport in London, UK, has launched a £1.5bn ($2bn) plan to upgrade facilities. From July, GIP will launch a £35m ($51m) inter-terminal shuttle service and a new multimillion-pound extension to the airport's north terminal.

Global Infrastructure Partners (GIP), the new owner of Gatwick Airport in London, UK, has launched a £1.5bn ($2bn) plan to upgrade facilities.

From July, GIP will launch a £35m ($51m) inter-terminal shuttle service and a new multimillion-pound extension to the airport's north terminal.

As part of the plan, improvements will be made in the south terminal departure lounge, entrance forecourts, immigration hall, baggage systems and the north terminal interchange.

The airport's traditional check-in desks will be replaced by self-service check-in facilities.

GIP, backed by Credit Suisse and General Electric, completed its purchase of Gatwick Airport from BAA in December 2009.