The Airport is forecast to grow passenger numbers to 18 million per year by 2033. By investing £500 million to expand facilities the Airport will be able to maximise the use of its single runway with more flights and a wider choice of destinations, meeting the region’s needs for national and international connectivity.
The Airport has seen significant growth over the last few years from nine million to 13 million passengers per year. To significantly improve service levels and create space for further growth the Airport now needs to invest in its facilities.
To accommodate 18 million passengers by 2033, the Airport will need to expand its terminal building and increase the number of stands available from 58 to 69. This will allow the number of departing and arriving aircraft to rise from a peak of 34 per hour currently to 40 by 2033. By comparison, Gatwick currently schedules up to 55 arrivals and departures in the peak hours and Stansted up to 50 off their single runways.
What is the level of investment necessary to achieve this amount of growth and how will it be funded?
The Airport company will make a self-financed investment of £500 million to extend the terminal and apron capacity, expand and upgrade our facilities and, by doing so, vastly improve the overall customer experience. We will play our part in funding expansion to drive the region’s economy, however, other investment is needed to ensure the Airport can continue to grow. Road and motorway improvements are critical and the region’s public transport projects including the people mover linking the Airport to HS2 must be delivered.
The economic impact figures cited in the draft Master Plan are from a report by independent economic consultancy, Oxera, commissioned by Birmingham Airport. They illustrate the impact of Birmingham Airport on the West Midlands region – as a direct, indirect and catalytic footprint.
On this basis, Birmingham Airport’s current net economic impact is calculated as £1.5 billion GVA and 30,900 jobs.
This was simply an option that the Airport company looked at in response to the Airports Commission and when exploring growth options. We estimate the full capacity of our single runway is at least 25 to 30 million passengers per year. We therefore do not need to build a second runway to accommodate our forecast increase to 18 million passengers per year by 2033.
The consultation is open to everyone to submit their views. We will not be able to respond to individual comments but after the consultation we will publish a report that summarises all the responses we received and how we are taking them into account.
Responses will then be included in the final Master Plan which will be published in early 2019. The consultation closes on 31st January at 23:59.
We understand that the significant social and economic benefits created by the Airport must be balanced with a sustainable operation. We take very seriously our responsibility to manage our impact on the environment and involve our local communities in the development of our significant projects through the Airport Consultative Committee, which includes resident associations and parish councils.