- Top Track 100 ranks Britain’s largest private companies on sales
- Gatwick has delivered a record 12 months of long-haul growth
- Record growth demonstrates the benefits an expanded Gatwick would deliver for Britain
LONDON, 2016-Jul-14 — /Travel PR News/ — Gatwick Airport has for the first time been recognised in the Sunday Times prestigious Top Track 100 as one of Britain’s largest private companies.
After a record 12 months of growth, Gatwick debuted at number 86 in the Top Track 100 which ranks Britain’s biggest companies with sales over £700m.
As the world’s busiest and most efficient single runway airport, Gatwick enjoyed a strong 12 months of growth with passenger numbers up +6% and air traffic movements up +4% on 2015.
In 2016, Gatwick also joined the premier league of airports serving more than 50 global long haul destinations.
With passenger numbers set to increase at a record rate, the airport is calling for a swift Government decision on runway capacity to boost competition and connect Britain to emerging markets around the world.
Commenting on the Fast Track Top 100, Gatwick’s Chief Financial Officer, Nick Dunn said:
“Gatwick is already recognised as the world’s busiest single runway and our inclusion in the Top Track 100 as one of Britain’s largest private companies is fantastic recognition of our record growth and ability to secure new long-haul routes.
Gatwick’s long-haul success is testament to the significant investment in Gatwick since the break-up of the Heathrow monopoly and further demonstrates the benefits of greater competition in the aviation market for both consumers and the UK economy.
In these uncertain times, it is vital that the UK continues to grow our long-haul links to emerging markets around the world and it is clear that only Gatwick can deliver the additional runway capacity we need, with increased competition, at a cost the UK can afford.”
Gatwick’s latest financial results for 2015/16 show turnover was up 5.5% to £673.1million and profit before tax was £141 million.
For more information contact:
Gatwick Airport press office
t: + 44 (0) 1293 505000
About Gatwick Airport
Gatwick Airport is the UK’s second largest airport and the most efficient single-runway airport in the world. It serves more than 220 destinations in 80 countries for more than 41 million passengers a year on short and long-haul point-to-point services. It is also a major economic driver for the South East region, generating around 21,000 on-airport jobs and a further 10,000 jobs through related activities. The airport is south of Central London with excellent public transport links, including the Gatwick Express, and is part of the Oyster contactless payment network. Gatwick Airport is owned by a group of international investment funds, of which Global Infrastructure Partners is the largest shareholder.
A Government decision on whether Gatwick airport should be expanded is expected this year. Gatwick’s second runway will deliver the UK the same number of passengers, the same number of long haul routes, better UK and regional connections, and the economic boost the UK needs, all at a dramatically lower environmental impact, at less than half the cost of Heathrow, and with no public subsidy.