BAA forecasts 35% rise in London airports traffic
Thursday 04 November 1999
According to BAA's latest 10-year forecast, passenger traffic will rise from just under 98 million in 1998-99 to 137 million in 2009-2010.
The biggest increase will be at Heathrow, which will see passenger numbers rise by 15 million to 75 million a year - a 23 per cent rise. But the biggest percentage increase will be at Stansted in Essex where passenger levels are forecast to grow by 192 per cent, from 7.4 million last year to 21.6 million. Gatwick's passenger numbers are forecast to rise from 29.5 million last year to 40.5 million.
The latest passenger forecast for the three airports is two million higher than BAA's previous forecast in September 1998, which put traffic numbers at 131 million in 2008-09.
The projected opening date for Terminal Five is spring 2007, supposing the go-ahead is given by the planning inspector and the Government. BAA said the increased forecast "reflects the growing levels of underlying demand and confirms the pressing need for the proposed Terminal Five in order to relieve increasing congestion at Heathrow".
BAA also produced new forecasts for capital expenditure, estimating investment would reach a peak of just under pounds 780m in 2005-2006. Of the investment that year, nearly pounds 600m is earmarked for Heathrow.
As the opening date for Terminal Five has been put back due to the length of the public inquiry, so the expenditure has switched to later years. In 2000-2001 BAA expects to spend pounds 434m, compared with a forecast 12 months ago of pounds 470m.
- 1 I've been called an abusive and dangerous parent, when all I did was listen to my transgender child
- 2 Why this father didn’t hide his daughter’s heroin overdose in her obituary
- 3 Smartphones are making children borderline autistic, says psychiatrist
- 4 Company breaks open Apple Watch to discover what it says is 'planned obsolescence'
- 5 Teaching profession headed for crisis as numbers continue to drop and working lives become 'unbearable'
Nepal earthquake in pictures: Photos show devastation caused by 7.8 magnitude earthquake
Nepal earthquake: More than 1,100 killed across four countries and in Mount Everest avalanche
Royal baby: Live updates as the wait continues for Duchess of Cambridge's second child
Hermann Goering's daughter fails to reclaim items looted by Nazi deputy during WWII
Teaching profession headed for crisis as numbers continue to drop and working lives become 'unbearable'
The sickening truth about food banks that the Tories don't want you to know
Migrant boat disaster: Ukip candidate mocks victims in sickening Twitter post
Nigel Farage wants the BBC to stop making programmes like Doctor Who, Strictly Come Dancing, and Top Gear
Global warming: Scientists say temperatures could rise by 6C by 2100 and call for action ahead of UN meeting in Paris
Rupert Murdoch berated Sun journalists for not doing enough to attack Ed Miliband and stop him winning the general election
General Election 2015: Britain would become a 'communist dictatorship' under Ed Miliband and Nicola Sturgeon, claims wife of Michael Gove
iJobs Money & Business
£24000 - £26000 per annum + benefits : Ashdown Group: A highly successful, glo...
£50000 - £55000 per annum: Ashdown Group: Business Analyst - Financial Service...
£18000 - £23000 per annum + OTE £45K: SThree: At SThree, we like to be differe...
£20000 - £25000 per annum + competitive: SThree: Did you know? SThree is the o...