Insight 42 - Magazine - Page 22
LONDON STANSTED UNVEILS £1.1BN
INVESTMENT PROGRAMME AS IT
EMBARKS ON “EXCITING NEW CHAPTER”
L
ondon Stansted has revealed details
of a five-year £1.1bn investment
programme that will deliver
wide-ranging benefits to passengers and
help secure links to even more global
destinations.
The centrepiece of the plans is a £600m
extension to the airport’s existing terminal,
which will create a bright spacious
environment, with more seating areas plus
new shops, bars and restaurants to give
travellers even more choice than they have
today.
The plans were first announced at the
government’s International Investment
Summit and follow London Stansted
reporting record-breaking passenger
numbers for each month in 2024.
The terminal development will help
enable the airport serve up to 43 million
passengers a year, which in turn will create
up to 5,000 new on-site jobs, and see the
airport’s economic contribution double to
£2 billion annually.
Also included in the airport’s £1.1bn
investment programme are a number of
projects to enhance the passenger journey
and support Stansted’s commitment to
22
deliver a sustainable future, such as:
- Enlarged security hall and installation of
next generation security equipment
- 14.3MW on-site solar farm to supply
current and future energy needs
- New and additional terminal and gate
area seating
- New wayfinding kiosks across the
terminal
- Gate room reconfiguration to create more
space for passengers pre-boarding their
aircraft
- Flooring and seating upgrades across
satellite two plus new bar area
- Refurbishment of terminal toilet facilities
- Airfield taxiway upgrade
In addition, a number of other projects
have already been completed or underway
with airport partners, including a new
EV charging forecourt and drive-thru
restaurants, new Emirates business lounge
and new baggage reclaim carousel.
Gareth Powell, London Stansted’s
Managing Director, said:
“Stansted is embarking on an exciting
new chapter. We aim to add even more
choice of airlines to continue growing our
extensive route network that is valued and
bIZ4BIZ INSIGHT MAGAZINE | DECEMBER 2024
enjoyed by the millions of passengers who
choose to fly from London Stansted every
year.
“We are already welcoming a record
number of passengers, with people drawn
to the fact we give them a great choice of
destinations, at excellent value and with
fantastic access into central London and
the whole of the East of England.
“We are unique among major airports in
operating a single terminal, which means
we can give people a simple, efficient and
seamless experience, which we know they
value, whether travelling for business,
leisure or to visit friends and family. These
exciting plans mean we are able to retain
all those benefits, while introducing an
array of new facilities and giving us the
space we need to grow.
“Since receiving planning permission
last October, our teams have carefully
considered every touch point of a
passenger’s journey through the terminal
to ensure the extension transforms the
airport experience by adding more space,
choice, comfort and range of services
on offer, from check-in right through to
arrivals. I believe we have successfully
