MAG have no plans for a 2nd Stansted runway but want more airlines other than Ryanair
Second runway ‘not needed’ at Stansted
Ryanair accounts for two in three flights at Stansted
Industry Funds Management helped MAG buy the airport, by taking a 35.5% stake. It told the Times that it now wants to attract other airlines, as Ryanair has around 70% of flights at Stansted. Even perhaps some full service airlines. Stansted is likely to considered by the Davies Commission this year, when it looks at UK hub airport capacity, and Boris has been vocal in his support for Stansted to become a massive hub with 4 runways.
Stansted no longer even makes full use of its one runway, with the number of passengers falling from almost 24 million in 2007 to some 17.4 million in 2012, due to easyJet taking many of its flights to Gatwick instead, and the closure of some small low cost airlines. IFM said the airport is only working at about 47% capacity.
Recently Charlie Cornish, the CEO of Manchester Airports Group, said his company had little appetite for competing with Heathrow. He called Stansted “the London airport for Europe”.
Times article at