Gatwick will shortly have a new owner. BAA is selling the airport for much less than it originally hoped in order to reduce the company's debt. But the new owners have already indicated they intend to expand Gatwick as soon as possible, including a new second runway.
Global Infrastructure Partners, which has paid much less than BAA wanted, want to give Gatwick a major make-over, including a second runway. An injunction prevents them from doing this until 2019 at the earliest, but GIP has suggested it will get planning applications sorted so a new runway could be built as soon as possible.
