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London Luton Airport Backs UK Chancellor’s Name for Sustainable Progress
Thursday, January 30, 2025
London Luton Airport Operations Restricted (LLAOL), the concessionaire managing London Luton Airport (LLA) underneath the possession of Aena and InfraBridge, has welcomed the Chancellor’s current speech advocating for sustainable airport progress within the UK.
Luton Rising, the airport firm owned by Luton Council, has submitted a Growth Consent Order (DCO) that, if authorised, would increase LLA’s annual passenger capability from 19 million to 32 million over the following 20 years. A swift determination on the proposal is anticipated to unlock an extra £1.5 billion in annual financial advantages.
Since 2013, LLA has contributed over £500 million in concession charges to Luton Council, supporting important public companies and funding local people initiatives via charitable applications.
The airport’s growth plans prioritize each financial development and sustainability, that includes one of the in depth environmental commitments ever seen at a UK airport. Underneath a legally binding ‘Green Controlled Growth’ technique, strict limits will probably be enforced on noise, carbon emissions, air high quality, and floor entry affect.
If authorised, the venture would generate 11,000 new jobs whereas additional boosting LLA’s function in regional and nationwide financial progress. It could additionally improve UK transport connectivity, increase shopper journey decisions, and foster larger airline competitors.
Since 2014, LLA’s passenger numbers have surged by 50%—from 11 million to 17 million yearly—following main investments by LLAOL shareholders Aena and InfraBridge. This marks probably the most fast progress interval within the airport’s historical past.
Extending the profitable public-private partnership between Luton Rising and LLAOL past the present 2032 concession finish date will probably be vital in executing one of many area’s largest development applications in recent times.
Alberto Martin, Chief Government Officer, London Luton Airport mentioned: “We welcome the Chancellor’s growth speech today and now call on the Secretary of State for Transport to formalise the government’s approval of Luton’s expansion plans. Today, every £1 spent by passengers at the airport, allows the local authority to invest 53p directly into local community causes – 20 times more than any other UK airport. Luton is now at a tipping point with a generational opportunity to boost investment in public services further, which the airport’s growth will deliver. We are now focused on finalising our longer-term partnership with the council to make this expansion, the government’s growth policy, and Luton’s local ambition for sustainable economic growth a reality.”
Rodrigo Marabini Ruiz, Director of Worldwide Subsidiaries mentioned: “The airport contributes a significant proportion of Luton Council’s budget each year, and we are proud to operate one of the UK’s most community-driven infrastructure assets that is focused on making a positive impact for that purpose. Increasing the airport’s capacity by over 70% sustainably will require an investment and operating partner with specialist skills and expertise, and as the world’s largest airport operators, we are ready to support Luton’s next chapter.”
Graeme Ferguson, Head of Airports at InfraBridge mentioned: “We are proud that our leading public-private partnership with Luton Council has driven exceptional outcomes for Luton and all users of LLA, including our airline partners who will benefit from enhanced efficiency and increased capacity under these expansion plans. InfraBridge and Aena are committed to building on our success, providing the expertise and capital required to deliver new infrastructure and achieve an ambitious passenger target that closely aligns with the government’s growth mission.”
