Gatwick reports rise in profits
Wednesday 28 November 2012
A busy holiday airport has announced increased half-yearly profits.
Bosses of Gatwick said the West Sussex airport's pre-tax profits for the period April-September had reached £172 million.
This was an increase of 4.8% on the same period last year.
Turnover for the first six months of the 2012/13 financial year was £325.8 million - a 3.6% rise on the April-September 2011 figure.
Passenger numbers for April-September this year were 19.9 million - a 1.2% increase on the same period last year.
Gatwick's chief executive Stewart Wingate said: "These strong half-year results come at the same time as Gatwick enters its fourth year under new ownership. In that time we have focused on growth and delivering greater passenger choice, convenience, better customer service and, crucially, more connections for both business and leisure travellers.
"Three years of competition has seen Gatwick grow its European short-haul business, while also opening up new routes to key markets in Russia, China, Vietnam and Korea. We have seen passenger growth throughout this period and our quality standards are today unparalleled."
He went on: "This proves passengers are best served by allowing airports to compete. It is why we recently announced our plans to explore second runway options as we believe growth at Gatwick is the best option for increasing connectivity for the next generation.
"Over the next three years we will continue to transform the airport, maximising the opportunities in the short-haul market while stepping up our efforts to attract airlines that serve markets of strategic importance to the UK."
- 1 Finland schools: Subjects scrapped and replaced with 'topics' as country reforms its education system
- 2 The West has it totally wrong on Lee Kuan Yew
- 3 Watch: Man takes selfie every mile of 2,600 mile hike, creates amazing timelapse video
- 4 The day I starred in Only Fools and Horses
- 5 Scientists have discovered a simple way to cook rice that dramatically cuts the calories
Germanwings plane crash: Co-pilot Andreas Lubitz 'sought treatment for eyesight problems'
Saudi Arabia says it won't rule out building nuclear weapons
The battle for the Middle East's future begins in Yemen as Saudi Arabia jumps into the abyss
#FreeTheNipple: Women in Iceland bare breasts in solidarity with trolled student
Yemen crisis: Saudi Arabia ready for long campaign against Houthi rebels across the border
Ukip supporters are 55 or older, white and socially conservative, finds British Social Attitudes Report
JK Rowling responds to fan tweeting she 'can't see' Dumbledore being gay
Jeremy Clarkson sacked live: Alan Yentob 'wouldn't rule out' ex Top Gear host's BBC return
Revealed: Putin's army of pro-Kremlin bloggers
Germanwings plane crash: Co-pilot Andreas Lubitz wanted to 'do something people would remember him for'
The West has it totally wrong on Lee Kuan Yew
iJobs Money & Business
Negotiable: Recruitment Genius: To provide a prompt, friendly and efficient se...
Negotiable: Recruitment Genius: You will be the first point of contact for all...
£18000 - £24000 per annum + benefits: Ashdown Group: HR, Payroll & Benefits Of...
£35000 - £38000 per annum + benefits : Ashdown Group: A highly successful, int...