London’s second-busiest airport is the biggest base for discount carrier EasyJet and the focus for long-haul leisure flights at British Airways.
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Vinci SA agreed to acquire control of Gatwick Airport for 2.9 billion pounds ($3.7 billion) as the French construction company jumped on the chance to add a major London hub to its aviation portfolio. The purchase of the 50.01 percent stake in the world's second-busiest single runway airport from a group of investors including sovereign wealth funds from Abu Dhabi and Australia will be financed with pound-denominated debt, Vinci said Thursday.With 45.7 million passengers in 2018, Gatwick will become the largest airport in Vinci's global network spanning Brazil to Sweden.Like Stansted, Gatwick is targeting more long-haul flights.Gatwick's plan to put its standby runway in full operation may increase the number of passengers the airport can service, he said.Vinci manages about 35 airports, in countries including Chile and Cambodia, and also operates toll roads and a construction business.
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