£80 million pounds is to be spent upgrading Stansted airport in Essex. The money will go towards developing the terminal building, including enlarging the departure lounge and improving security facilities.
It comes after the recent takeover of Stansted by the Manchester Airport Group (MAG)
– Transport Secretary, Patrick McLoughlin
Just three months into its ownership of the airport MAG has shown it is prepared to invest in the infrastructure to improve passenger services and provide new facilities. The millions invested in this project will transform Stansted's terminal building and the way passengers use it. That's not just good news for travellers, it's also good news for the country because this sort of improvement to our transport infrastructure helps to make the UK more competitive in the global economic race.
– Stansted's Managing Director, Andrew Harrison
Today marks the start of a significant investment programme to transform the terminal and help deliver our ambitious plans to radically improve Stansted and make it the airport of choice in London for airlines and passengers alike.