º£½ÇÊÓÆµ

Oops.

Our website is temporarily unavailable in your location.

We are working hard to get it back online.

PRIVACY
Enterprise

London Stansted reports 'busiest year ever' as expansion plans get green light

The airport to the North East of London welcomed 29.8m passengers in 2024, a 5.8 per cent increase on the previous record of 28.1m in 2019

Planes at London's Stansted airport(Image: Phil Harris)

London Stansted has announced a record-breaking year for passenger traffic as it moves forward with a £1.1bn expansion plan revealed in the Autumn Budget. The airport, located to the North East of London, saw 29.8m passengers in 2024, marking a 5.8 per cent increase from the previous record of 28.1m in 2019.

This follows the airport's busiest December ever, with 2.23m holiday travellers passing through. Gareth Powell, Stansted's boss, celebrated a "fantastic year" and predicted a bustling 2025, as reported by .

"Our success continues to be driven by the endless possibilities to travel affordably and conveniently from London Stansted with the choice of around fantastic 200 destinations, plus the reliable and efficient airport operation we are able to deliver for our passengers," he said. The airport is set to commence its landmark £1.1bn investment plan in 2025, following government confirmation in October’s Autumn Budget.

The plans' highlight involves a £600m terminal extension, featuring new shops, bars, and seating areas. It is anticipated to generate approximately 5,000 jobs and double Stansted’s annual contribution to the º£½ÇÊÓÆµ economy to around £2bn.

Once completed, Stansted expects to accommodate around 43m passengers per year, surpassing rival Gatwick’s annual figure by 2m.

Powell stated: "Our £1.1bn transformation programme in now underway, with a number of new projects already progressing well, including the development of our own on-site solar farm, the introduction of barrierless access to the express set down area plus a new domestic baggage reclaim facility as we continue to enhance the passenger experience."

Like this story? Why not sign up to get the latest business news straight to your inbox.