Stansted-plan for 43 million passengers

London Stansted Airport

Stansted airport to handle the number of passengers it is allowed that every year, eight million euros.

It is expected to raise that to reach its current cap of 35 million within five years, and has made an application for a building permit, to 43 million.

The Essex airport said it could be done through improved use of runway capacity, without breaking caps on flight numbers or aircraft noise.

Chief executive Ken O’toole believes it would create an additional 5,000 jobs.

He said: “Stansted will be the fastest-growing airport in London in the year 2018.

“Our competitors in London, the capacities have been exhausted and they find it is very difficult to have additional capacity to provide for airlines that want to grow and serve the South-East.

“Airlines will realize that the Stansted is the only major airport in London, with available capacity for the next 10 to 15 years.

“London will not go away, the demand. It will continue to grow and that puts us in a very strong position.”

Heathrow Airport hopes to start the construction of the third runway in 2021 at a price of £14bn.

The Department for Transport previously said that no extension would mean London’s five airports, the full capacity of 2034.

Around 26 million people travelled through Stansted in the last year, and the new limit, if approved, it would be only just behind the UK, the second largest Gatwick airport, which handled 45.6 million passengers in the year 2017.

It is part of a five-year, to expand the £600m project for the construction of passenger facilities in Stansted.

The airport-s 190 routes will be expanded this year, such as New York, Toronto and Dubai.

Mr O’toole said he was “confident” that Uttlesford District Council approved the planning application submitted on Thursday.