Freight will not be expanded in £1bn London Stansted Airport plan

The funding will expand the existing terminal by a third
The funding will expand the existing terminal by a third

The logistics sector has said it is 'disappointed' that the 5-year, £1.1 billion investment in London Stansted Airport will not expand freight services.

The plans were unveiled by the Prime Minister and will see Stansted unlock the potential of its runway through the extension of its existing terminal.

The funding will expand the existing terminal by a third, securing new air routes to key business and holiday destinations.

The investment consists of £600 million for the terminal extension, alongside another £500 million to improve the existing terminal and wider airport estate.

But Alexandra Herdman, Senior Policy Manager at business group Logistics UK, said the lack of commitment to expanding freight services at Stanstead is disappointing and a missed opportunity for the logistics sector.

She said: "Air freight plays a key role in the nation’s 'just in time' supply chain, delivering high value, time-critical goods that industry and consumers rely on and which drive much-needed economic activity.

"Our members are urging government to rethink how this money is distributed to ensure that air freight can continue to expand and grow across the UK, for the benefit of all.”

But Transport Secretary, Louise Haigh said of the new investment that it is "a clear signal that Britain is open for business".

"This is about giving companies like Manchester Airports Group the confidence to invest, boosting regional and national economic growth and supporting the aviation sector while also meeting our existing environmental obligations."