London Luton Airport is one of the largest and fastest growing UK airports, with more than 14.6 million passengers passing through its doors in 2016.
Location, Location, Location
This was a record breaking year, showing annual growth of 18.5% compared to 2015.
A massive investment programme is currently underway at the airport to support a planned large increase in capacity to 18 million passengers within the next three years.
The investment includes a complete terminal redesign, along with the addition of a luxury private jet terminal and a £200 million passenger light rail transit system, which will connect passengers to central London within 30 minutes. Plans also include an upgraded security area to speed up passenger processing and a doubling of retail space.
The planned increase of passengers will enable London Luton Airport to handle an additional 45,000 flights per year, which amounts to more than 120 additional flights every day.
London Luton Airport is headquarters to EasyJet, the world’s 10th largest airline which has purchased sufficient space for a 20-year expansion plan. London Luton is also an operating base for Ryanair and Thomson Airways.
The airport currently serves 174 destinations and 20 new routes have already been confirmed in 2017.
PASSENGER PROFILE - LONDON LUTON AIRPORT
LONDON AIRPORTS HANDLE 40% MORE TRAFFIC THAN ANY AIRPORTS WORLDWIDE
London Luton Airport was the fastest growing major UK airport in 2015 and investment is currently in progress to provide a large capacity increase to 18 million passengers by 2020.
In 2016, over 14.6 million passengers passed through London Luton Airport, making this a new record total, proving its continued growth is on track. Each of the car parks we purchase undergo a major refurbishment programme to the highest standards, enhancing both customer experience and the security of the site. We aim to be 100% complete on all projects within one year from launch of the parking spaces onto our investors. This minimizes development risk while investors can enjoy fixed returns of 2% per annum.
Our car park at London Luton Airport first gained planning permission 18 years ago and has been operating a top quality airport meet and greet service for the last four years.
Park First has no bank debt or financing of any kind attached to our airport car parking purchases or renovations. We are self funded, giving peace of mind to our investors.
We have invested millions of pounds into new parking technology, including the latest ANPR (automatic number-plate recognition) systems, state of the art internal computer systems, on-site touch screen technology and the latest in CCTV and monitoring security across all our car parks.
With all of this growth and investment, Park First is proud to be changing the face of airport car parking across the UK.
LONDON LUTON AIRPORT AT A GLANCE
Fastest growing major UK airport in 2015.
Record year for passenger numbers in 2016.
6 new airlines, 20 new routes including New York, Copenhagen and Vienna. European and transatlantic routes serving 174 destinations including Asia and North Africa.
Headquarters of EasyJet, the world’s 10th largest airline.
Base for Thompson Airways and Ryanair.
Three dedicated private jet terminals with newly completed VIP facilities.
FACTS & FIGURES
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