About Gatwick
LOCATION
Gatwick is situated 28 miles south of London, in the county of West Sussex, and in the Borough of Crawley. The northern boundary of the airport adjoins Surrey County. The boundaries of Horsham District, Mole Valley District, Reigate and Banstead Borough, and Tandridge District all adjoin the airport. The planning authority is Crawley.
OWNERSHIP
Gatwick Airport was originally part of the publicly owned British Airports Authority. In 1986 BAA (owning Heathrow, Gatwick, Stansted and other airports) was privatised to become BAA plc. In 2005 BAA was bought by the Spanish company Ferrovial. In 2009, as a result of an anticipated order from the Competition Commission, Gatwick was split from the rest of BAA, becoming Gatwick Airport Ltd (GAL) and sold to Global Infrastructure Partners (GIP), an international investment consortium with about 50 investing partners. GIP has subsequently sold shares in GAL to a number of foreign pension funds, retaining 42% of the ownership but control of the Board.
GACC has deplored the fact that each change of ownership has meant a turnover of senior staff, and has expressed concern that the main underlying motive of the present ownership must be to increase the profitability of the airport with scant regard to the local community or to environmental improvement. |
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![]() P R O T E C T I N G T H E G A T W I C K A R E A |
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